Global News: March 2009 Archives

J. Wesley Bush, a long-standing friend of this blog, has launched a new website to bring together his world-ranging interests in one place. Bush is "an immigration historian, Russian linguist and East European area specialist," and as you might expect, his blog covers immigration policy and developments in the former Soviet Union and Eastern Europe, particularly Ukraine and Russia. He also brings a conservative perspective to political and cultural issues. Here's a sampler of his recent work:

• Return rates to Mexico continue to rise
• Union hypocrisy -- SEIU economizes by firing workers
• Cartel wars -- border security IS national security: Mexican drug gang violence is spilling across the border.
• Ukrainian megachurch pastor finally taken down: The Nigerian pastor of a Kiev megachurch has been charged with "financial machinations in huge volume," running a Ponzi scheme that robbed his parishioners. (Wonder if his favorite Bible verse was Philippians 4:19.)
• Beer: Creation, fall, redemption, and Jimmy Carter: Whatever his other shortcomings, Carter's legalization of homebrewing opened the door to the return of decent beer to American shores.

J. Wesley Bush is no newcomer to blogging. He was in Kiev in 2004, serving at the time as a Presbyterian missionary, and provided indispensable on-the-scene coverage of Ukraine's Orange Revolution, blogging at Le Sabot Post-Moderne. He was missed during his blogging hiatus, and it's great to have him back in the blogosphere in a big way.

Tulsa Teachers Credit Union, one of the area's largest thrift institutions, has been running radio ads lately about their humble origins -- a cigar box in the desk drawer of a Central High School teacher, as teachers pooled funds to help one another meet their financial goals.

In the US, the cigar box approach to finance is long gone, and it's hard to tell credit unions apart from banks these days, but the idea of mutual finance on a small scale is alive and well in the developing world, and it's being used to lift people out of poverty in a way that's sustainable over the long run. The idea is called microcredit, and it's just one of the economic development tools being researched and taught by an organization called the Chalmers Center for Economic Development, which is affiliated with Covenant College and the Presbyterian Church in America. (The PCA is one of the Presbyterian denominations that still believes that Jesus is the Son of God and rose from the dead and that the Bible is the Word of God.)

The Chalmers Center's director, Brian Fikkert, spoke this morning at Christ Presbyterian Church (CPC) about the work of the center. The organization is not a charity or a missions agency; rather, it researches best practices in the realm of sustainable economic development and then trains missionaries and church leaders in their application, by means of seminars, distance learning, and literature. The aim is to help the church to help the poor to help themselves, without creating dependency.

(For the OK-SAFE folks who are freaking out because I used the word "sustainable," this has nothing to do with the environment. We're talking about an approach to economic development that becomes self-perpetuating, unlike anti-poverty programs that require continued massive infusions of money from the outside.)

For example, about a year ago, CPC funded a Chalmers Center training course for Pentecostal pastors in Uganda, so they could start microcredit and micro-business development courses through their congregations. A Chalmers-trained woman is working for the Anglican Church in Rwanda; the archbishop wants every parish to begin one to three rotating savings and credit associations (RoSCAs) in the next year. So far they're on track to have 80,000 families involved in a RoSCA by the end of 2009. A group of 50 HIV-positive Kenyans, rejected by their families and living in a slum in Nairobi, have been meeting weekly as a RoSCA. After a year or so, not only have they been able to build capital for their own needs, nearly every member has started one or more RoSCAs on their own.

Here in the US, the Chalmers Center is training churches to teach jobs preparedness and financial literacy and to set up Individual Development Accounts, to help the poor build wealth toward lump-sum expenses -- a home, a car, education, equipment for a small business, resources to handle emergencies.

I hope to tell you more about what I learned this morning. It strikes me that these techniques may become more and more useful in the US and the west as our massive banking infrastructure falters. Going back to small groups, with mutual trust and accountability, pooling money to lend to one another, may be the way to escape the credit crunch.

This evening (Sunday, March 8, 2009) from 5 to 8:30 at Christ Presbyterian Church (51st St, between Lewis and Harvard), Fikkert will lead a Christian Economic Institute seminar on these topics. There's no charge to attend or for dinner, which will be served during a break. If you're interested in how to help the poor both here and abroad, please come.