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A good example of the "creative tension" between innovation and effectiveness. Both are needed, but pursuing one vs the other creates challenges. The Gates Foundation looks in this instance to be focusing on effectiveness. There is no "right answer", just a tension that must be wrestled with.
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Microsavings has been getting more attention as studies show lack of proof that microfinance works. Now Gates is putting half a billion towards the effort.
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A fascinating conversation is playing out on this new website as foundations discuss whether the annual reports they issue matter any more. What do you think?