Did Yunus Deserve the Nobel Peace Prize
Microfinance or Macrofarce
Bibliographic Data
| ID | 5818924 |
|---|---|
| Authors | John Adams (0000-0002-2727-615X), Frank Raymond |
| Year | 2008 |
| Volume | 42 |
| Issue | 2 |
| Pages | 435-443 |
| Publication date | 2008-06-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Economic Issues (JOURNAL) |
| Journal identifiers | ISSN: 0021-3624 • E-ISSN: 1946-326X |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/00213624.2008.11507152 |
| OpenAlex | W2226811595 |
| Language | EN |
| Citations received | 5 |
| References cited | 4 |
In 2006, Muhammad Yunus, a Bangladeshi economist, won the Nobel Peace Prize. Yunus's key innovation was to create loan circles, usually of five women, who used social suasion to ensure high repayment rates and sustain their creditworthiness. This institutional structure helps resolve a number of information, incentive, and enforcement dilemmas that plague small banks catering to a large number of poor clients who lack credit histories. Enthusiasm for the Grameen model has far outdistanced rigorous analysis of its institutional and incentive features; likewise, valid benefit-cost or statistical studies of impacts are rare. Did Yunus and Grameen merit the Peace Prize
Corruption and Economic Development · Microfinance and Financial Inclusion · Social and Economic Development in India
Retrospectives
Development Innovations through Entrepreneurial Microfinance and the Attempt to Achieve the United Nations Millennium Development Goals in Bangladesh
The Regulation and Inequality Nexus in Microfinance and Tourism Sectors
The Role of Stakeholders in the Historical Evolution of Microfinance in Togo
Honors
| Unique citing works | 5 |
|---|---|
| Citations per year | 0.26 |
| Citation span | 2007 - 2024 (18) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 4 |