The Political Economy of Microfinance [electronic resource] : Financializing Poverty /
Mader, Philip.author.
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.
Bibliographic Level Mode of Issuance: Monograph
Includes bibliographical references and index.
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.
Political economy.
Asia—Politics and government.
Development economics.
Finance.
Poverty.
Public policy.
International Political Economy.
Asian Politics.
Development Economics.
Finance, general.
Development Aid.
Public Policy.