Question: While microfinance institutions help the poor in getting access to essential financial services, they are not likely to be a magic bullet for solving the

While microfinance institutions help the poor in getting access to essential financial services, they are not likely to be a magic bullet for solving the problem of chronic poverty. Elaborate on this statement by providing evidence from the RCT studies in the articleMicrocredit Under the Microscope: What Have We Learned in the Past Two Decades, and What Do We Need to Know?" by Abhijit V. Banerjee(2013).

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