WDR 2022 Video | Jonathan Morduch: Professor of Public Policy and Economics at NYU-Wagner

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00:10 Finance can promote an equitable recovery from the pandemic

00:14 by ensuring that the institutions that are serving low-income communities

00:19 remain viable.

00:20 The pandemic has brought great hardship around the world.

00:24 And one implication

00:25 is that people struggle

00:27 to meet obligations to others.

00:30 And that affects institutions like microfinance institutions

00:34 that are lending

00:36 in poorer communities.

00:38 This is one reason

00:39 that WDR 2022 is so important.

00:43 Finance is an absolutely critical

00:46 component of equitable recoveries

00:48 and not just for individuals and families,

00:51 but also

00:52 for the institutions working in their communities

00:55 that support them

00:57 through their economic and social challenges.

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Finance can promote an equitable recovery from the pandemic by ensuring that the institutions that are serving low-income communities remain viable. The pandemic has brought great hardship around the world. And one implication is that people struggle to meet obligations to others. And that affects institutions like microfinance institutions that are lending in poorer communities. This is one reason that WDR 2022 is so important. Finance is an absolutely critical component of equitable recoveries and not just for individuals and families, but also for the institutions working in their communities that support them through their economic and social challenges.

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worldbank/WDR2022_TPV_JonathanMorduch_Draft01

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WDR2022 TPV JonathanMorduch Draft01

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WDR2022 TPV JonathanMorduch Draft01

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