The enduring repercussions of the US subprime-lending market have caused many to worry about the possibility of a similar microfinance ‘bubble.’  FAI Director Jonathan Morduch discusses the issue in this week’s MoneyWeek.

"The Economist quotes academic Jonathan Morduch as predicting that there may well be localised failures among microcredit firms as a result of overheating. But "I don't see any evidence at all for something like a global bubble"."

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