The Economics of Microfinance, second edition - Couverture souple

Armendariz, Beatriz; Morduch, Jonathan

Couverture souple

ISBN 10 : 0262513986 ISBN 13 : 9780262513982

Editeur : The MIT Press, 2010

Synopsis

An accessible analysis of the global expansion of financial markets in poor communities, incorporating the latest thinking and evidence.

The microfinance revolution has allowed more than 150 million poor people around the world to receive small loans without collateral, build up assets, and buy insurance. The idea that providing access to reliable and affordable financial services can have powerful economic and social effects has captured the imagination of policymakers, activists, bankers, and researchers around the world; the 2006 Nobel Peace Prize went to microfinance pioneer Muhammed Yunis and Grameen Bank of Bangladesh. This book offers an accessible and engaging analysis of the global expansion of financial markets in poor communities. It introduces readers to the key ideas driving microfinance, integrating theory with empirical data and addressing a range of issues, including savings and insurance, the role of women, impact measurement, and management incentives. This second edition has been updated throughout to reflect the latest data. A new chapter on commercialization describes the rapid growth in investment in microfinance institutions and the tensions inherent in the efforts to meet both social and financial objectives. The chapters on credit contracts, savings and insurance, and gender have been expanded substantially; a new section in the chapter on impact measurement describes the growing importance of randomized controlled trials; and the chapter on managing microfinance offers a new perspective on governance issues in transforming institutions. Appendixes and problem sets cover technical material.

A propos du livre

À propos de l'auteur

Beatriz Armendáriz is Senior Lecturer in the Department of Economics at University College London and Research Affiliate at Harvard University. She is coauthor of The Economics of Microfinance (MIT Press).

Jonathan Morduch is Professor of Public Policy and Economics at New York University's Wagner Graduate School of Public Service. He is the coauthor of The Economics of Microfinance (MIT Press) and Portfolios of the Poor: How the World's Poor Live on $2 a Day.

Détails de l'édition

• Éditeur: The MIT Press
• Date d'édition: 2010
• Langue: anglais
• ISBN 10: 0262513986
• ISBN 13: 9780262513982
• Reliure: Broché
• Numéro d'édition: 2
• Nombre de pages: 468
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible