Finance Specialization

Banking the World: Empirical Foundations of Financial Inclusion - Jonathan Morduch

Banking the World: Empirical Foundations of Financial Inclusion - Jonathan Morduch

Jonathan Morduch, professor of public policy and economics at NYU Wagner, has co-edited a new collection about the world’s vast “unbanked” population. The book, Banking the World: Empirical Foundations of Financial Inclusion, examines how to realize the goal of extending banking and other financial services to the estimated 2.5 billion people, just over half the adult population globally, who lack them. It. is published by The MIT Press and can be ordered here.

Morduch, a contributor to the volume, is the executive director and co-founder of the Financial Access Initiative, an inter-university research center housed at the Wagner school. The full gamut of essays explore such topics as the complexity of surveying people about their use of financial services; evidence of the impact of financial services on income; and the occasional negative effects of financial services on poor households, including disincentives to work and over-indebtedness. Along with Murdoch, the book's co-editors include Robert Cull and Asli Demirglic-Kunt.

About the Editors:

Robert Cull is a Lead Economist in the Finance and Delivery Private Sector Development Team of the World Bank’s Development Research Group. Asli Demirgüç-Kunt is Director of Development Policy in the World Bank’s Development Economics Vice Presidency and Chief Economist of the Financial and Private Sector Development Network (FPD).

Asli Demirguc-Kunt is Senior Research Manager, Finance and Private Sector, in the World Bank's Development Economics Research Group. She is the coeditor of Financial Structures and Economic Growth: A Cross-Country Comparison of Banks, Markets, and Development (MIT Press, 2001).

Jonathan J. Morduch is Professor of Public Policy and Economics at New York University’s Robert F. Wagner Graduate School of Public Service. He is the coauthor of The Economics of Microfinance (MIT Press) and Portfolios of the Poor: How the World's Poor Live on $2 a Day.

Blue-Ribbon Panel Chaired by NYU Wagner Prof. Gordon Campbell to Look into Closures of Several Nonprofit Organizations

Blue-Ribbon Panel Chaired by NYU Wagner Prof. Gordon Campbell to Look into Closures of Several Nonprofit Organizations

Gordon J. Campbell, Professor of Practice at NYU Wagner and Director of the school’s Executive MPA Program, is among two dozen seasoned nonprofit human services executives who have been named to a blue-ribbon Commission of the Human Services Council (HSC) to look into the closures of several large nonprofit human services organizations in New York City. Campbell, with more than three decades of experience as a government official and nonprofit leader, will chair the new Commission.

The role of the Commission is to seek to “understand the contributing factors from management and oversight to challenging fiscal environments” in connection with the demise  of organizations such as FEGS; the $250 million health and human services nonprofit shut its doors after announcing it had lost $19.4 million last year.

HSC works closely with city and state government.

 “Over the course of several months, the group will evaluate the financial details, management decisions, government contract terms, and accountability systems of these organizations to gain a full picture and understanding of what caused them to close. They will also examine existing oversight approaches, including those required and those considered best practices, investigate the financial and other management decisions made, and identify funding and other systemic issues contributing to financial problems,” according to an HSC statement.

Professor Campbell most recently served as President and Chief Executive Officer of United Way of New York City, which creates, leads, and supports strategic initiatives that have a measurable and lasting impact in improving education, income stability, and health.

He was Chief Executive Officer of Safe Horizon, the nation’s leading and largest victim assistance organization, from 1998 to 2007.  During his tenure, Safe Horizon was widely recognized for its compassionate and effective emergency response to the 9 /11 attacks. Prior to leading Safe Horizon, he served in senior positions in the Koch, Dinkins and Giuliani Administrations. He was the Commissioner of the New York City Department of Homeless Services and Chief of Staff to the First Deputy Mayor. In addition, he was Deputy Director of the Mayor’s Office of Operations and a mayoral appointee to the City’s Procurement Policy Board. While at the city’s Human Resources Administration, he headed the Office of Medicaid Transportation and created and organized the Division of AIDS Services.

Before arriving in New York City, Mr. Campbell served as a prosecutor, a labor attorney, as well as the Chief Administrator for the Seattle City Attorney’s Office.

Pages

Subscribe to Finance Specialization