The Rise and Fall of Global Microcredit

Development, Debt and Disillusion
1. Auflage 2018
ISBN: 978-1-138-71408-3
Verlag: Taylor & Francis

Buch, Englisch, 304 Seiten, Format (B × H): 156 mm x 234 mm, Gewicht: 603 g

Reihe: Routledge Critical Development Studies

In the mid-1980s the international development community helped launch what was to quickly become one of the most popular poverty reduction and local economic development policies of all time. Microcredit, the system of disbursing tiny micro-loans to the poor to help them to establish their own income-generating activities, was initially highly praised and some were even led to believe that it would end poverty as we know it. But in recent years the microcredit model has been subject to growing scrutiny and often intense criticism. The Rise and Fall of Global Microcredit shines a light on many of the fundamental problems surrounding microcredit, in particular, the short- and long-term impacts of dramatically rising levels of microdebt.

Developed in collaboration with UNCTAD, this book covers the general policy implications of adverse microcredit impacts, as well as gathering together country-specific case studies from around the world to illustrate the real dynamics, incentives and end results. Lively and provocative, The Rise and Fall of Global Microcredit is an accessible guide for students, academics, policymakers and development professionals alike.

Autoren/Hrsg.

Bateman, Milford

Blankenburg, Stephanie

Kozul-Wright, Richard

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Entwicklungsökonomie & Emerging Markets
• Interdisziplinäres Wissenschaften Wissenschaften Interdisziplinär Entwicklungsstudien

Inhaltsverzeichnis

Contents

Preface

Acronyms

Notes on contributors

Part I: An overview

- Introduction

Milford Bateman, Stephanie Blankenburg and Richard Kozul-Wright

- Development prospects in an era of financialization

Richard Kozul-Wright

-

Impacts of the microcredit model: does theory reflect actual practice?

Milford Bateman

Part II: Country case studies

- Looking through the glass, darkly: microcredit in Peru

Matthew D. Bird

- Brazil: Latin America’s unsung hero

Fernanda Feil and Andrej Slivnik

- Colombia: A critical look

Daniel Munevar

- Mexico and the microcredit model

Eugenia Correa and Laura Vidal

-

Sustainability paradigm to paradox: a study of microfinance clients’ livelihoods in Bangladesh

Mathilde Maitrot

- Cambodia: the next domino to fall?

Milford Bateman

- The instability of commercial microcredit: understanding the Indian crisis with Minsky

Philip Mader

11. Collective resistances to microcredit in Morocco

Solène Morvant-Roux and Jean-Yves Moisseron

12. Microcredit as post-apartheid South Africa’s own US-style sub-prime crisis

Milford Bateman

Part III: Policy implications

13. Delivering development finance in ‘the time of cholera’: a ‘bottom-up’ agenda for pro-development financial resource mobilisation

Stephanie Blankenburg

14. Conclusion

Milford Bateman, Stephanie Blankenburg and Richard Kozul-Wright

Über Autor(innen)

Milford Bateman, Visiting Professor of Economics, Juraj Dobrila at Pula University, Croatia, and Adjunct Professor of Development Studies, St Mary's University, Halifax, Canada.

Stephanie Blankenburg is Head of the Debt and Development Finance Branch, Division on Globalization and Development Strategies, UNCTAD.

Richard Kozul-Wright is Director of the Division on Globalization and Development Strategies, UNCTAD.