According to the author, rather than alleviating poverty, microfinance financialises poverty. By indebting poor people in the Global South, it drives financial expansion and opens new lands of opportunity for the crisis-ridden global capital markets. This book raises fundamental concerns about this widely-celebrated tool for social development.
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The Political Economy of Microfinance: Financializing Poverty
According to the author, rather than alleviating poverty, microfinance financialises poverty. By indebting poor people in the Global South, it drives financial expansion and opens new lands of opportunity for the crisis-ridden global capital markets. This book raises fundamental concerns about this widely-celebrated tool for social development.
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The Political Economy of Microfinance: Financializing Poverty
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The Political Economy of Microfinance: Financializing Poverty
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Product Details
ISBN-13: | 9781137364210 |
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Publisher: | Palgrave Macmillan |
Publication date: | 01/12/2016 |
Series: | Studies in the Political Economy of Public Policy |
Sold by: | Barnes & Noble |
Format: | eBook |
Pages: | 284 |
File size: | 758 KB |
About the Author
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