The Political Economy of Microfinance Financializing Poverty |
|
| Author:
| Mader, Philip |
| Series title: | Studies in the Political Economy of Public Policy Ser. |
| ISBN: | 978-1-137-36421-0 |
| Publication Date: | Jan 2016 |
| Publisher: | Palgrave Macmillan
|
| Book Format: | Ebook |
| List Price: | USD $100.00 |
Book Description:
|
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.
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.