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Microfinance - Perils and Prospects (Hardcover)
Loot Price: R4,266
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Microfinance - Perils and Prospects (Hardcover)
Series: Routledge Studies in Development Economics
Expected to ship within 12 - 17 working days
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Microfinance is defined as the financial services offered to the
poor for the purpose of promoting small-scale enterprises, and as
such it is one of the most important topics in development studies
and a burgeoning area in economics. This volume provides a
much-needed historical, political and economic dimension to the
current knowledge on microfinance. Collectively, the contributors
chart the relationship between the prevailing popularity of
microfinance and the consolidation of neoliberal economic ideology
worldwide. They demonstrate how microfinance, as a market-friendly
approach to development, coincides with the global trend towards
diminishing the role of the state in economic development, basic
healthcare, education and welfare. The articles in the volume focus
on the empirical analyses of the experience of microfinance in
women's everyday lives, but rejects the connection between
microfinance and women's empowerment so often imputed in
literature. This book offers regional, cultural and other
explanations for variable assessments of microfinance and
empowerment. It fills a huge gap in published microfinance
literature and will be of great interest to postgraduates and
professionals in the fields of economics, international finance and
banking.
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