Why Doesn’t Microfinance Work?
The Destructive Rise of Local Neoliberalism
Bibliographic Data
| ID | 23399908 |
|---|---|
| Authors | Milford Bateman (corresponding author) |
| Year | 2010 |
| Publication date | 2010-01-01 |
| Open Access | No |
| Type | BOOK |
| Venue | Why Doesn’t Microfinance Work? (SOURCE_BOOK) |
| Publisher | Zed Books Ltd (PUBLISHER) |
| DOI | 10.5040/9781350223974 |
| OpenAlex | W4233770187 |
| Open Library | OL51654958M |
| ISBN | 9781350223974 |
| Language | EN |
| Citations received | 141 |
Since its emergence in the 1970s, microfinance has risen to become one of the most high-profile policies to address poverty in developing and transition countries. It is beloved of rock stars, movie stars, royalty, high-profile politicians and ‘troubleshooting’ economists. In this provocative and controversial analysis, Milford Bateman reveals that microfinance doesn’t actually work. In fact, the case for it has been largely built on hype, on egregious half-truths and – latterly – on the Wall Street-style greed of those promoting and working in microfinance. Using a multitude of case studies, from India to Cambodia, Bolivia to Uganda, Serbia to Mexico, Bateman demonstrates that microfi nance actually constitutes a major barrier to sustainable economic and social development, and thus also to sustainable poverty reduction. As developing and transition countries attempt to repair the devastation wrought by the global financial crisis, Why Doesn’t Microfinance Work? argues forcefully that the role of microfinance
Astrophysics · Business · Development economics · Economic growth · Economics · Microfinance · Physics · Political science · Poverty · Stars · Troubleshooting · Work (physics) · Engineering · Mechanical Engineering · Microfinance and Financial Inclusion
Leftist Politics and the Limits of Microcredit in Argentina
Achieving the United Nations' sustainable development goals through financial inclusion
‘Agro sí, mina NO!’ the Tía Maria copper mine, state terrorism and social war by every means in the Tambo Valley, Peru
From Neoliberal Dreams to Precarity
Our town is dying
The Consumerism-Development-Security Nexus
The Ethics of Money and Finance
Social Innovation
Reproducing indebtedness through subjectification
Tracing Microfinancial Value Chains
Rethinking the Effects of Microcredit on Household Welfare in Cambodia
The triple burden of disease, destitution, and debt
China’s Internet Finance Boom and Tyrannies of Inclusion
Microcrédit et surendettement des femmes de la Haute-Guinée
Financial inclusion of the informal sector of marginalized counties in Kenya
Home and Away
Extractive masculinity and the war on subsistence
Bank Accounts for All
The dynamics of overlapping borrowing in the microcredit sector of Bangladesh
Community Banking and Microfinance in the Global South
Microfinance and economic and social empowerment of people with disabilities
Kann die Subalterne zahlen? Die kolonialen Wurzeln der Finanzialisierung sozialer Reproduktion in Indien
Interest rates in microfinance
Micro‐credit NGOs and strategic trust
A faultline in neoliberal environmental governance scholarship? Or, why accumulation-by-alienation matters
The social vs. commercial ‘Dingpolitik’ of microlending
The Role of Stakeholders in the Historical Evolution of Microfinance in Togo
Gulu’s grassroots energy pathways
Countering threats, stabilising politics and selling hope
Weaving Postwar Reconstruction in Bosnia? The Attractions and Limitations of NGO Gender Development Approaches
Worlds apart? The World Bank’s business rankings and small entrepreneurship in Tajikistan
Rentier capitalism and global economic imaginaries in Central Asia
The Mexican Debtfare State
Authoritarian neoliberalism and capitalist transformation in Africa
Local Agency and Political Economies of Peacebuilding
Debt, land and labour
The risks and incentives of disciplinary neoliberal feminism
Contesting postliberalism
The Effect of Ownership in Ngos’ Commercial Ventures
Precarity in Post-Conflict Yugoslavia
The Mother, the Wife, the Entrepreneur? Women’s Agency and Microfinance in a Disappearing Post-Conflict Welfare State Context
Young people not in Employment, Education or Training (Neet) in Sub-Saharan Africa
The International Labour Organization and the ambivalent politics of financial inclusion in West Africa
Financial Inclusion and Policy-Making
Social innovation, an answer to contemporary societal challenges? Locating the concept in theory and practice
Global Politics of Microfinancing Poverty in Asia
Financialisation through Microfinance
The poverty of fintech? Psychometrics, credit infrastructures, and the limits of financialization
More debtfare than healthcare
Development in Post-liberalization India
Risky Business? Rural Entrepreneurship in Subsistence Markets
The evolution of the microcredit programme of the OPP’s Orangi Charitable Trust, Karachi
Power, Resistance and Development in the Global South
South Africa's post-apartheid microcredit experiment
All Myth and Ceremony? Examining the Causes and Logic of the Mission Shift in Microfinance from Microenterprise Credit to Financial Inclusion
From Primitive Accumulation to Modernized Poverty
Debtfarism and the Violence of Financial Inclusion
Financing agrarian change
Financial Efficiency and Social Impact of Microfinance Institutions Using Self-Organizing Maps
The rise of microcredit ‘control fraud’ in post-apartheid South Africa
Is fin-tech the new panacea for poverty alleviation and local development? Contesting Suri and Jack’s M-Pesa findings published in Science
High Noon for Microfinance Impact Evaluations
Exploring Microfinance Clients with Disabilities
Where is the ‘Plus’ in ‘Credit-Plus’? The Case of Chiapas, Mexico
Assessing the Welfare Effects of Microfinance in Vietnam
Community-Based Enabling Models of Microfinance
War, land, and agrarian change
Bad debt
The Uses of Financial Literacy
Cannibalizing the Informal Economy
Credit from whom and for what? The diversity of borrowing sources and uses in rural southern India
Market, Freedom and the Illusions of Microcredit. Patronage, Caste, Class and Patriarchy in Rural South India
Poverty finance and the durable contradictions of colonial capitalism
Community-Led Economic Initiatives with Sex Workers
An overview of local credit systems and their implications for post-growth
The impact of women’s co-operative in a rural area in achieving Sustainable Development Goals (SDGs)
Green microfinance and climate action in the global south
Microfinance as post-conflict women’s economic development
Good debts, bad debts
“Me and the NGO Staff, We Live Like Azungu”
Indigenization–internationalization debate and Bangladesh strategies in international social work and women’s development
The Income Augmenting and Budget Tightening Impacts of Microfinance
Sustainability, market conditions and outreach
Doing business with the poor
Representing financial inclusion
Benefactor, industry or intruder? Perceptions of international organizations in Central Asia – the case of the OSCE in Tajikistan
The neo-liberal conception of empowerment and its limits
A comparative analysis of the effect of aid and microfinance on growth
Gender and Globalization
Loans and Leaving
Equal access denied
Microfinance Participation and Women's Empowerment
Poor people’s politics in East Timor
Inclusive informal-to-informal trade
Financial Inclusion or Subordination? The Monetary Politics of Debt in Cambodia
Disciplining Microfinance Borrowers in Bangladesh
Searching for the Middle Path in Microfinance Delivery
Microfinance and the business of poverty reduction
The historical roots of social entrepreneurship in South Asia
Financial Inclusion
| Unique citing works | 141 |
|---|---|
| Citations per year | 8,81 |
| Citation span | 2010 - 2026 (17) |
| Citation velocity | current |
| Highly cited | Yes |
| Citation types | Neutral: 135 |