A Quote by Jonathan Morduch

Microfinance stands as one of the most promising and cost-effective tools in the fight against global poverty. — © Jonathan Morduch
Microfinance stands as one of the most promising and cost-effective tools in the fight against global poverty.
The question that stands in the foreground is not 'Do we need this technology?' No one denies the great chances and the great opportunities that we have in the fight against poverty, the handling of climate issues, the fight against sickness.
Polak, a psychiatrist, has applied a behavioral and anthropological approach to alleviating poverty, developed by studying people in their natural surroundings. He argues that there are three mythic solutions to poverty eradication: donations, national economic growth, and big businesses. Instead, he advocates helping the poor earn money through their own efforts of developing low-cost tools that are effective and profitable.
Power is global and politics is local. That must change. We need a new language for understanding new global power formations as well as new international modes of politics to fight them. Social movements must move outside of national boundaries and join with others across the globe to fight the savagery of neoliberal global politics and central to such a task is the work of intellectuals, artists, cultural workers, and others who can fashion new tools and social movements in the fight against the current anti-democratic threats being imposed all over the globe.
No art takes places without inspiration. Every artist also needs effective knowledge of his or her tools (e.g., does a certain brush function well with a particular kind of paint?). What's more, artists need effective techniques for using those tools. Likewise, to express ourselves skillfully with maximum efficiency and minimum effort, we need to investigate the most effective ways of using the mind and body since, in the end, they are the only "tools" we truly possess in life.
The Internet is the first technology since the printing press which could lower the cost of a great education and, in doing so, make that cost-benefit analysis much easier for most students. It could allow American schools to service twice as many students as they do now, and in ways that are both effective and cost-effective.
If with so little we have done so much in Brazil, imagine what could have been done on a global scale, if the fight against hunger and poverty were a real priority for the international community.
The return on investment in global health is tremendous, and the biggest bang for the buck comes from vaccines. Vaccines are among the most successful and cost-effective health investments in history.
I can't separate the fight with terrorism and the fight against global warming. These are two big global challenges we have to face up to because we have to leave our children more than a world free of terror; we also owe them a planet protected from catastrophes.
The fight against Ebola cannot undermine the fight against poverty.
India has to fight poverty, Pakistan too has to fight poverty, why don't we come together to fight poverty?
The most striking thing about highly effective leaders is how little they have in common. What one swears by, another warns against. But one trait stands out: the willingness to risk.
I believe that the war against terrorism and the war against poverty in these times of turmoil go together. So you - when you fight one, you have to fight the other.
Not wasting energy. It is the least sexy, but the single most important and always the least expensive. You would be very interested in a report by the McKinsey consulting firm that concluded that 40 percent of everything that we have to do to mitigate our emissions are net economic winners. They are cost effective and the most cost effective is not wasting energy. That's actually going to be the largest part of this whole journey, I believe - using less energy with the same beneficial results.
The good news is we have the technology and the tools to alleviate poverty on a global scale. All that is standing in our way is education and will.
We have many advantages in the fight against global warming, but time is not one of them. Instead of idly debating the precise extent of global warming, or the precise timeline of global warming, we need to deal with the central facts of rising temperatures, rising waters, and all the endless troubles that global warming will bring. We stand warned by serious and credible scientists across the world that time is short and the dangers are great. The most relevant question now is whether our own government is equal to the challenge.
Without effective states working with active and involved citizens, there is little chance for the growth that is needed to abolish global poverty.
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