home > paid book/ebook

Portfolios of the Poor: How the World's Poor Live on $2 a Day

Customer Reviews:

Brilliant approach to analyzing seemingly-impenetrable issues

By R.T. in DC - June 20, 2009

I opened "Portfolios of the Poor" feeling dubious: multiple-authored works usually feel like the proverbial camel stitched together by a committee. And what's this about the world's poorest--who we all KNOW don't have anything resembling financial savvy--having "portfolios?" Within a few pages I was completely hooked, and since finishing this masterful work I can't stop pondering--and talking with friends & colleagues about--its many powerful insights.

Rather than the usual 30,000-foot opining about The Poor, the authors spent more than a year actually living in, and closely observing residents of, some of the earth's most wretched slums. Their experiences, as reported honestly and respectfully here, will profoundly affect your views of poverty--and of what we can do to help. I won't scoop the authors' ably-told tales, nor their eminently sensible recommendations. This is the first book I've read in a long, long time that has fundamentally changed my thinking on... read more

Thoughtful, provocative, and insightful. A must read!

By Jeremy Stone - August 16, 2009

Having worked in economic development for some time now, I have grown accustomed to studies concerning the use of capital by the global poor being stated in simply academic terms. Portfolios of the Poor though, brings the human element back into economics and gives a more intuitive understanding of the financial challenges that people face in their daily lives. Funerals, weddings, failed health, loss of employment, religious celebrations, purchase of a new home... all of these require significant investments and require diverse access to capital. This book not only describes how people react to those challenges, but also how they prepare for them beforehand with multilayered portfolios of equity and debt. Whether it be personal assets, rotating savings groups, or relationships with informal lenders, people all over the world use thoughtful and complex approaches to accessing capital when formal financial services are inaccessible. The authors' use of financial diaries prepared by... read more

Important questions answered about a troubling subject

By dnk "dnkboston" - May 3, 2010

I have to disagree with a previous reviewer: this is a very easy to read book. I was going to say a high school student could read this, but really, with just a few exceptions, a middle school student could follow this, and that's a compliment.

I imagine the first thoughts people in the "First World" have when they hear how many people survive on $2 (or less) per day is how overwhelmingly impossible and desolate that must be. If they get past that, one of the next thoughts might be, "who's paying them that every day?" It's easy to puzzle out that the very poor do not, most likely, get that money on a regular basis, and then the question of how they survive becomes even more unfathomable.

This work goes a long way toward answering that question. After following over 200 families in Bangladesh, India and South Africa, the researchers made a number of surprising conclusions. First, contrary to what we might assume, the very poor do not live hand-to-mouth,... read more

Use coupon below to get discount at eCampus.com!

SHADES
$3 off textbook orders over $75

SUNBLOCK
$4 off textbook orders over $90

SUNSHINE
$5 off textbook orders over $100

Copy the coupon code before clicking the button!

AVAILABILITY
MerchantFormatPrice
Amazon USPaperback$14.98 - $24.95
eBooks.comDigital (PDF)$24.95
eCampusPaperback$26.91 discount!
PREVIEW
Related Documents
Soros: The Life, Ideas, and Impact of the World's Most Influential Investor

Soros: The Life, Ideas, and Impact of the World's Most Influential Investor

$0.87 - $40.00

"A penniless survivor of the Nazi occupation of Hungary, George Soros is now one of the richest men in the world, and Robert Slater does an excellent job of helping us understand how Soros did it. ...

The Foie Gras Wars: How a 5,000-Year-Old Delicacy Inspired the World's Fiercest Food Fight

The Foie Gras Wars: How a 5,000-Year-Old Delicacy Inspired the World's Fiercest Food Fight

$0.01 - $25.00

In announcing that he had stopped serving the fattened livers of force-fed ducks and geese at his world-renowned restaurant, influential chef Charlie Trotter heaved a grenade into a simmering food ...

Playing to the World's Biggest Audience: The Globalization of Chinese Film and TV

Playing to the World's Biggest Audience: The Globalization of Chinese Film and TV

$8.45 - $33.95

In this provocative analysis of screen industries in China, Hong Kong, Taiwan, and Singapore, Michael Curtin delineates the globalizing pressures and opportunities that since the 1980s have ...

American Still Life: The Jim Beam Story and the Making of the World's #1 Bourbon

American Still Life: The Jim Beam Story and the Making of the World's #1 Bourbon

$0.99 - $34.00

The untold story of the world's premier bourbon and the family that made it #1American Still Life tells the intertwined true stories of America's favorite whiskey and the ...

Profiting from the World's Economic Crisis: Finding Investment Opportunities by Tracking Global Market Trends

Profiting from the World's Economic Crisis: Finding Investment Opportunities by Tracking Global Market…

$4.15 - $27.95

Praise for Profiting From the World's Economic Crisis"Someone is going to make money in the next decade. Perhaps Bud will help you find your way."—Jim Rogers, cofounder, Quantum ...

Planet Water: Investing in the World's Most Valuable Resource

Planet Water: Investing in the World's Most Valuable Resource

$1.99 - $39.95

Solving the world's water problems is proving to be one of the greatest investment opportunities of our time. Already, world water supplies are inadequate to meet demand, and the problem is going ...

Knockoff: The Deadly Trade in Counterfeit Goods: The True Story of the World's Fastest Growing Crime Wave

Knockoff: The Deadly Trade in Counterfeit Goods: The True Story of the World's Fastest Growing Crime…

$0.36 - $19.95

Knockoff exposes the truth behind the fakes and uncovers the shocking consequences of dealing in counterfeit goods. Traveling across the globe, Tim Phillips shows that counterfeiting isn't a ...

Moroccan Households in the World Economy: Labor and Inequality in a Berber Village

Moroccan Households in the World Economy: Labor and Inequality in a Berber Village

$9.48 - $18.95

High in the Atlas Mountains of Morocco, far from the hustle and noise of urban centers, lies a village made of mud and rock, barely discernible from the surrounding landscape. Yet a closer look ...

Nature's Strongholds: The World's Great Wildlife Reserves

Nature's Strongholds: The World's Great Wildlife Reserves

$7.20 - $56.06

Bengal tigers in the jungles of India. Birds of Paradise in the wilds of New Guinea. Penguins on frozen beaches in Antarctica. These and other charismatic and endangered species find homes within the ...

loading