Morduch received his PhD in economics from Harvard University. His focus is on the challenges of economic and social development in lowincome countries. Recently, he has coauthored a book entitled The Economics of Microfinance, published June 2005 by the MIT Press. In 2003, Morduch was named Chair of the United Nations Steering Committee on Poverty Measurement. He has also been a consultant for the World Bank and the U.S. Agency for International Development, and has worked with a variety of nonprofits and NGOs. Currently, Morduch is an advisor to the board of Pro Mujer, an innovative provider of microcredit for poor women in Latin America.