The Rise and Fall of Global Microcredit: Development, debt and disillusion (Routledge Critical Development Studies) - Hardcover

Hardcover

ISBN 10: 1138714089 ISBN 13: 9781138714083

Publisher: Routledge, 2018

Synopsis

In the mid-1980s the international development community helped launch what was to quickly become one of the most popular poverty reduction and local economic development policies of all time. Microcredit, the system of disbursing tiny micro-loans to the poor to help them to establish their own income-generating activities, was initially highly praised and some were even led to believe that it would end poverty as we know it. But in recent years the microcredit model has been subject to growing scrutiny and often intense criticism. The Rise and Fall of Global Microcredit shines a light on many of the fundamental problems surrounding microcredit, in particular, the short- and long-term impacts of dramatically rising levels of microdebt.

Developed in collaboration with UNCTAD, this book covers the general policy implications of adverse microcredit impacts, as well as gathering together country-specific case studies from around the world to illustrate the real dynamics, incentives and end results. Lively and provocative, The Rise and Fall of Global Microcredit is an accessible guide for students, academics, policymakers and development professionals alike.

About this title

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.

Edition details

• Publisher: Routledge
• Publication date: 2018
• Language: English
• ISBN 10: 1138714089
• ISBN 13: 9781138714083
• Binding: Hardcover
• Edition number: 1
• Number of pages: 304
• Editor: Bateman Milford, Blankenburg Stephanie, Kozul-Wright Richard