Aktion	Zweigstelle	Standorte	Status	Frist	Vorbestellungen
Vorbestellen	Zweigstelle: 07., Urban-Loritz-Pl. 2a	Standorte: GW.S FS.E Bate / College 6e - Englisch	Status: Verfügbar	Frist:	Vorbestellungen: 0

 

Verlagstext:

 

Over the last thirty years or so, microfinance has risen to become one of the most high-profile policies to address poverty and under-development. in developing and transition countries. It is beloved of rock stars, royalty, movie stars, high profile politicians and 'trouble-shooting' economists, such as Jeffrey Sachs and Hernando de Soto. Its most famous pioneer from Bangladesh, Dr Muhammad Yunus, was awarded the Nobel Peace Prize in 2006. Microfinance is consistently rated as one of the most important innovations to have come along this past forty years or so. Dr Bateman believes, however, that microfinance doesn't actually work. His argument is that, if you look more closely, the case for microfinance has actually been largely built on a desire to advance a particular free market ideology, on hype and egregious half-truths, and - latterly - on the Wall Street-style greed, deception and individual self-interest of those actually promoting and working in microfinance. Dr Bateman shows why many of the most fundamental building blocks of microfinance are largely myths, before going on to demonstrate that microfinance actually undermines the institutional foundations required for sustainable development and poverty reduction. Dr Bateman's conclusion is that microfinance 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 coming devastation associated with the global financial crisis, Dr Bateman believes that the role of microfinance in development policy needs to be urgently and fundamentally reconsidered.

 

 

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"For some time, there has been fragmented evidence that microcredit is way over-hyped as an instrument of development, but Bateman pulls it all together and connects the microfinance fad with the underlying neoliberal themes of so much official development assistance. It's a timely, much-needed, and must-read book for anyone interested in the problems of development assistance.' - David Ellerman, former economic advisor to Joseph Stiglitz and Nicholas Stern "Microfinance has suffered too long from unthinking enthusiasm, but some negative views are beginning to make themselves heard. Bateman is the first, however, to examine microfinance critically and coherently as a whole, and to take a sceptical long term view of its social and economic effects. Few readers will agree with everything he writes, but anyone who has any connection with microfinance should read this book. It should make us all think more clearly about what we are doing."

 

Malcolm Harper

 

 

Aus dem Inhalt:

 

Introduction * The rise and rise of microfinance * Unpacking the political economy of microfinance * Microfinance myths and realities * Microfinance as 'anti-development' * Commercialisation: the death of microfinance * Local development models incorporating microfinance * Alternatives to microfinance * Conclusion