Warehouse Stock Clearance Sale

Grab a bargain today!

The Rise and Fall of Global Microcredit


Product Description
Product Details

Table of Contents




Notes on contributors Part I: An overview

  1. Introduction
  2. Milford Bateman, Stephanie Blankenburg and Richard Kozul-Wright
  3. Development prospects in an era of financialization
  4. Richard Kozul-Wright
  5. Microcredit and development
  6. Milford Bateman Part II: Country case studies
  7. Looking through the glass, darkly: Microcredit in Peru
  8. Matthew Bird
  9. Brazil - Latin America's unsung hero
  10. Fernanda Feil and Andrej Slivnik
  11. Colombia: A critical look
  12. Daniel Munevar
  13. Mexico and the microcredit model
  14. Eugenia Correa and Laura Vidal
  15. Sustainability paradigm to paradox: a study of microfinance clients' livelihoods in Bangladesh
  16. Mathilde Maitrot
  17. Cambodia - the next domino to fall?
  18. Milford Bateman
  19. The instability of commercial microcredit: Understanding the Indian crisis with Minsky
Philip Mader 11. Collective resistances to microcredit in Morocco Solene Morvant-Roux and Jean-Yves Moisseron 12. Microcredit as post-apartheid South Africa's own US-style sub-prime crisis Milford Bateman Part III: Policy implications 13. Financing development in the global economy post-2015: An alternative agenda Stephanie Blankenburg 14. Conclusion Milford Bateman, Stephanie Blankenburg and Richard Kozul-Wright

About the Author

Milford Bateman, Visiting Professor of Economics, Juraj Dobrila at Pula University, Croatia, and Adjunct Professor of Development Studies, St Mary's University, Halifax, Canada. Stephanie Blankenburg is Head of the Debt and Development Finance Branch, Division on Globalization and Development Strategies, UNCTAD. Richard Kozul-Wright is Director of the Division on Globalization and Development Strategies, UNCTAD.


"This book provides a definitive, and much-needed, assessment of the microcredit movement: from the overselling of its modest initial promise, to its conversion into a new method of exploiting vulnerable people and communities, and to its misconceived embrace by global leaders and institutions. What cements this book's importance for development policy and practice is that its critique is accompanied by an affirmation of the role of productive, accessible financing in sustainable development." -- Gary Dymski, Professor of Applied Economics, Leeds University Business School, UK "This is a must-read book to understand the financialisation of the poor from the perspective of the global microcredit industry. The Post-2015 Agenda, supporting financial and digital inclusion to achieve development and to end with poverty, hides the profit obtained by microcredit institutions when granting credit to small entrepreneurs and to those with fewer resources. The problem with indebtedness and lack of payment of loans affects the poor, causing greater debt in crisis and recession periods. This provides important evidence and insight into what went wrong with microcredit." -- Alicia Giron, University Program of Asian and African Studies, UNAM, Mexico "This unfailingly courageous and carefully researched book shatters the mythology around the microcredit myth that has captured the imagination and funding of the global development industry for far too long. It shines a bright light on the links between microcredit and rising indebtedness and financialised, rentier capitalism. Microcredit boosters take heed!" -- Ilene Grabel, Josef Korbel School of International Studies, University of Denver, USA

"This book provides the inconvenient truth about how market-based mechanisms are far from panaceas for today's development problems. With rigorous detail, the volume parades through case after case of failed micro-credit ventures in country after country-even in Peru the 'center of origin' for many of the financialization of the poor [this] has more often than not led to yet another case of the further transfer of wealth and power from the poor." -- Kevin P. Gallagher, Director at the Global Development Policy Center, Frederick S. Pardee School of Global Studies, Boston University, USA

Ask a Question About this Product More...
Write your question below:
How Fishpond Works
Fishpond works with suppliers all over the world to bring you a huge selection of products, really great prices, and delivery included on over 25 million products that we sell. We do our best every day to make Fishpond an awesome place for customers to shop and get what they want — all at the best prices online.
Webmasters, Bloggers & Website Owners
You can earn a 8% commission by selling The Rise and Fall of Global Microcredit: Development, debt and disillusion (Routledge Critical Development Studies) on your website. It's easy to get started - we will give you example code. After you're set-up, your website can earn you money while you work, play or even sleep! You should start right now!
Authors / Publishers
Are you the Author or Publisher of a book? Or the manufacturer of one of the millions of products that we sell. You can improve sales and grow your revenue by submitting additional information on this title. The better the information we have about a product, the more we will sell!
Back to top