Overview

Full Product Details

Author:   Milford Bateman ,  Stephanie Blankenburg ,  Richard Kozul-Wright
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Weight:   0.430kg
ISBN:  

9781138714120

ISBN 10:   1138714127
Pages:   290
Publication Date:   10 September 2018
Audience:   College/higher education ,  Postgraduate, Research & Scholarly ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print  
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

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

Reviews

The Rise and Fall of Global Microcredit provides a definitive, and much-needed, assessment of the microcredit movement: from the overselling of its modest initial promise, to its conversion into a new method of exploiting vulnerable people and communities, and to its misconceived embrace by global leaders and institutions.ã What cements this book's importance for development policy and practice is that its critique is accompanied by an affirmation of the role of productive, accessible financing in sustainable development. -- Gary Dymski, Professor of Applied Economics,ã Leeds University Business School, UK Whenã attemptingã to understandã the financialisation process of the poorã from the perspective of the global microcredit industry,ã The Rise and Fall of Global Microcreditã is a must-read book. The Post-2015 Agenda, supporting financial and digital inclusion to achieve development and to end with poverty, hides the rentability obtained by microcredit institutions when granting credit toã small entrepreneurs and toã those with fewer resources. The problem with indebtedness and lack of payment in what refers to loans, affects the poor, causing greater debt in crisis and recession periods. This provides important evidence and insight into what went wrong with microcredit. -- Alicia Giron, University Program of Asian and African Studies, UNAM, Mexico This unfailingly courageous and carefully researched book shatters the mythology around the microcredit myth that has captured the imagination and funding of the global development industry for far too long. It shines a bright light on the links between microcredit and rising indebtedness and financialised, rentier capitalism. Microcredit boosters take heed! -- Ilene Grabel, Josef Korbel School of International Studies, University of Denver, USA

This book provides a definitive, and much-needed, assessment of the microcredit movement: from the overselling of its modest initial promise, to its conversion into a new method of exploiting vulnerable people and communities, and to its misconceived embrace by global leaders and institutions. What cements this book's importance for development policy and practice is that its critique is accompanied by an affirmation of the role of productive, accessible financing in sustainable development. -- Gary Dymski, Professor of Applied Economics, Leeds University Business School, UK This is a must-read book to understand the financialisation of the poor from the perspective of the global microcredit industry. The Post-2015 Agenda, supporting financial and digital inclusion to achieve development and to end with poverty, hides the profit obtained by microcredit institutions when granting credit to small entrepreneurs and to those with fewer resources. The problem with indebtedness and lack of payment of loans, affects the poor, causing greater debt in crisis and recession periods. This provides important evidence and insight into what went wrong with microcredit. -- Alicia Giron, University Program of Asian and African Studies, UNAM, Mexico This unfailingly courageous and carefully researched book shatters the mythology around the microcredit myth that has captured the imagination and funding of the global development industry for far too long. It shines a bright light on the links between microcredit and rising indebtedness and financialised, rentier capitalism. Microcredit boosters take heed! -- Ilene Grabel, Josef Korbel School of International Studies, University of Denver, USA

Author Information

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.

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions