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The Rise and Fall of Global Microcredit - Development, debt and disillusion (Paperback)
Loot Price: R1,182
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The Rise and Fall of Global Microcredit - Development, debt and disillusion (Paperback)
Series: Routledge Critical Development Studies
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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.
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