Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...

DR EDGAR WHITLEY is Reader in Information Systems at the Information Systems and Innovation Group in the London School of Economics and Political Science. He has a PhD in Information Systems from the LSE. His research and practical interests include global outsourcing, social aspects of IT-based change, collaborative innovation in an outsourcing context, and the business implications of cloud computing. He is also an expert in identity, privacy and security...

The anti-corruption movement has enabled the Indian middle class to feel smug about itself. Its members have gone through a vast range of emotions during the last two decades, from self-hatred to self-righteousness. Liberalisation of the economy has created for this class an excitement of many kinds. It has meant the freedom to pursue the quest for wealth without guilt and, at the same time, it has meant feeling set...

At the technical level, the question is whether the technology deployed for identification will return answers that are unambiguous. THE Unique Identification (UID) project, the national project of the Government of India, aims to give a unique 12-digit number – called Aadhaar – to every citizen of the country, a random number that is generated and linked to a person's demographic and biometric information. The key word is “unique”. Launched in...

Village studies are a treasure trove of information on economic and social changes A noteworthy feature of research on Indian agriculture is the resurgence of interest in village studies. Such studies – that include resurveys of villages studied earlier – provide insights into the livelihood prospects of the majority of people who continue to work in the countryside. They are an important mode of research to understand agrarian relations that often...