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The political economy of microfinance : financializing poverty

Author: Philip Mader
Publisher: Houndmills, Basingstoke Hampshire ; New York, NY : Palgrave Macmillan, 2015.
Series: Studies in the political economy of public policy.
Edition/Format:   Print book : EnglishView all editions and formats
Database:WorldCat
Summary:

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  Read more...

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Document Type: Book
All Authors / Contributors: Philip Mader
ISBN: 9781137364203 1137364203
OCLC Number: 898925153
Description: xii, 284 pages : illustrations ; 22 cm.
Contents: 1. A Framework for Engaging Microfinance 2. A Genealogy of Microfinance 3. The Financialisation of Poverty 4. Financialising Public Goods 5. Mechanisms of a Microfinance Crisis 6. At the Crossroads of Development and Finance 7. Appendix 7.1 Calculating the Surplus Extraction 7.2 Projects Using Microfinance for Water and Sanitation
Series Title: Studies in the political economy of public policy.
Responsibility: Philip Mader, Institute for development studies, United Kingdom.
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'Microfinance is financialization dressed up as charity: a pathway for global finance to penetrate the capitalist periphery. In this richly documented book, Mader dispels the myth that debt can move Read more...

 
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