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Books > Business & Economics > Economics > Microeconomics
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The Micro-politics of Microcredit - Gender and Neoliberal Development in Bangladesh (Hardcover)
Loot Price: R4,373
Discovery Miles 43 730
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The Micro-politics of Microcredit - Gender and Neoliberal Development in Bangladesh (Hardcover)
Series: ASAA Women in Asia Series
Expected to ship within 12 - 17 working days
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Microcredit has been seen in recent decades as having great
potential for aiding development in poor developing countries, with
Bangladesh being one of the countries which has pioneered
microcredit and implemented it most widely. This book, based on
extensive original research, explores how microcredit works in
practice, and assesses its effectiveness. It discusses how
microcredit, usually channelled through women, is often passed to
the men of the family, a practice disapproved of by some, but
regarded as acceptable by borrowers who have a communal approach to
debt, rather than viewing debt as something held by single
individuals. The book demonstrates how the rules around microcredit
are often seem as irksome by the borrowers, how lenders often
charge high rates of interest and work primarily to preserve their
institutions, thereby going against the spirit of the microcredit
movement, and how borrowers often end up on a downward spiral,
deeper and deeper in debt. Overall, the book argues that although
microcredit does much good, it also has many drawbacks.
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