Research Library

The tech war between the U.S. and China has come faster than predicted, writes faculty scholar Moshe Vardi. If the U.S. is to protect its technological advancements, it will need to invest in both domestic and international research talent.

A relatively new set of financial services called “microfinance” provides what appears to be a sustainable way of supplying access to capital to the poor. This article provides a brief history of microfinance, discusses the ongoing integration of microfinance institutions into the global capital markets, and surveys the challenges that now confront these organizations in becoming sustainable enterprises with social as well as commercial objectives.