Why Doesn't Microfinance Work?: The Destructive Rise of Local Neoliberalism - Couverture rigide

Bateman, Milford

Couverture rigide

ISBN 10 : 1848133316 ISBN 13 : 9781848133310

Editeur : Zed Books Ltd, 2010

Synopsis

Since its emergence in the 1970s, microfinance has risen to become one of the most high-profile policies to address poverty in developing and transition countries. It is beloved of rock stars, movie stars, royalty, high-profile politicians and ‘troubleshooting’ economists.

In this provocative and controversial analysis, Milford Bateman reveals that microfinance doesn’t actually work. In fact, the case for it has been largely built on hype, on egregious half-truths and – latterly – on the Wall Street-style greed of those promoting and working in microfinance. Using a multitude of case studies, from India to Cambodia, Bolivia to Uganda, Serbia to Mexico, Bateman demonstrates that microfi nance actually constitutes a major barrier to sustainable economic and social development, and thus also to sustainable poverty reduction. As developing and transition countries attempt to repair the devastation wrought by the global financial crisis, Why Doesn’t Microfinance Work? argues forcefully that the role of microfinance in development policy urgently needs to be reconsidered.

A propos du livre

À propos de l'auteur

Milford Bateman is a freelance consultant specialising in local economic development policy, particularly in relation to the Western Balkans. He has worked as a consultant for most of the major international development agencies and for several of the major international NGOs. He is also currently a Visiting Professor of Economics at the University of Juraj Dobrila at Pula, Croatia.

Détails de l'édition

• Éditeur: Zed Books Ltd
• Date d'édition: 2010
• Langue: anglais
• ISBN 10: 1848133316
• ISBN 13: 9781848133310
• Reliure: Relié
• Numéro d'édition: 1
• Nombre de pages: 272
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible