Calculated under the framework of economic-profit counting, the productivity of microcredit in Bangladesh is found very low. In this survey about 48% of the borrowers had to compromise their normal wages for self-employed labor to be able to pay the high interest for the credit. Similarly its...

Faced with an exponentially growing world population, what is required is a population stabilization policy to control the global fertility rates. This has implications for the working-age population in the future, and lead to a serious economic crisis. It is envisaged that by the year 2050 the...

Microlending is widely seen as a development program that has worked for the world's poor. But there has been inadequate study of the results. The authors undertook a pilot study in Bangladesh, and their results are deeply disappointing. A high proportion of loans are taken for consumption, not...