Stuart Rutherford's Top Book Recommendations

Want to know what books Stuart Rutherford recommends on their reading list? We've researched interviews, social media posts, podcasts, and articles to build a comprehensive list of Stuart Rutherford's favorite book recommendations of all time.

1
The study discusses the performance of a number of financial agents in the semi-arid Sangli district of Marharashtra. Since the 1950s, public and private investment in irrigation, sugar factories, and cane cultivation stimulated a sugar boom in Sangli. Similar investments led to a dairy boom in the 1970s. Focusing on informal financial intermediaries such as money lenders, pawn brokers, milk collectors, and several types of self-help saving and credit associations, Bouman argues that informal finance agents are better equipped to deal with the special demands of low income rural communities. less
Recommended by Stuart Rutherford, and 1 others.

Stuart RutherfordIt takes a small area of western India and looks closely at how the money goes round. (Source)

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2

A Fine Balance

With a compassionate realism and narrative sweep that recall the work of Charles Dickens, this magnificent novel captures all the cruelty and corruption, dignity and heroism, of India.

The time is 1975. The place is an unnamed city by the sea. The government has just declared a State of Emergency, in whose upheavals four strangers--a spirited widow, a young student uprooted from his idyllic hill station, and two tailors who have fled the caste violence of their native village--will be thrust together, forced to share one cramped apartment and an uncertain future.

As...
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Stuart RutherfordA great romp of a novel, set in western India. In a way, it’s a precursor of Slumdog Millionaire, but much darker. (Source)

Jacqueline NovogratzA Dickensian novel that captures the essence of being poor in urban India in ways extraordinary and deeply human. (Source)

Michael PeelThe book is full of these terrible moments and yet at the end of it you feel strangely uplifted. (Source)

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3
Recommended by Stuart Rutherford, and 1 others.

Stuart Rutherfordhe book blew away the more unhealthy mythology that was growing up around Grameen Bank. (Source)

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4
* Tells the success story of how microfinance in Latin America lifted whole populations into the financial mainstream* Offers a non-technical, in-depth analysis of the microlending debateSome people tout microfinance as the most important tool now available for fighting poverty while still others doubt its contribution to the "truly" poor. This volume offers a reasoned, moderate voice on the virtues and problems of microfinance. Drawing on the success story of Bolivia, Rhyne traces the transformation of NGOs into formal financial institutions, and examines microfinance under the conditions of... more
Recommended by Stuart Rutherford, and 1 others.

Stuart RutherfordRemarkable in being as frank about the crises microfinance has suffered as it is about the undoubted successes. (Source)

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5

The Economics of Microfinance

An accessible analysis of the global expansion of financial markets in poor communities, incorporating the latest thinking and evidence.

The microfinance revolution has allowed more than 150 million poor people around the world to receive small loans without collateral, build up assets, and buy insurance. The idea that providing access to reliable and affordable financial services can have powerful economic and social effects has captured the imagination of policymakers, activists, bankers, and researchers around the world; the 2006 Nobel Peace Prize went to microfinance...
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Recommended by Brian Armstrong, Stuart Rutherford, and 2 others.

Stuart RutherfordThe Economics of Microfinance is the book that I would love to have had when I was in those shanty towns in Managua. It is written by economists, but in a way that non-economists can easily understand. It asks and answers questions about poor people and the way they handle money. For example, why would poor people need to save when they have so little money to start with? Why did banks ignore the... (Source)

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