Financial Times Looks at Capital Ways to Survive the Worst

Financial Times Magazine

Tim Hartford’s article in Financial Times Magazine highlighted CFSP member Christopher Woodruff’s research, with David McKenzie, about small businesses in Sri Lanka in the aftermath of the 2004 Boxing Day tsunami. Through randomized control trials, Woodruff and McKenzie measure the businesses’ responsiveness to an influx in capital in areas both directly and indirectly affected by the tsunami.