A Great Day for Social Investing

"Bangladeshi economist Muhammad Yunus, whose system of micro-credit loans reshaped development efforts in poor nations, won the Nobel Peace Prize today, along with the bank he founded." - Washington Post (link)

The Wikipedia article on Grameen Bank is here, and a recent briefing paper from Columbia's Chazen web journal is here.  I have not seen much academic work on Grameen, except for this paper from 1999.

(The Economist is disappointed, and thinks the prize should have been withheld.)