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The Political Economy of Microfinance. Financializing Poverty.
Philip Mader
€ 161.20
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Description for The Political Economy of Microfinance. Financializing Poverty.
Hardback. 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. Series: Studies in the Political Economy of Public Policy. Num Pages: 296 pages, biography. BIC Classification: KCP; KFF. Category: (P) Professional & Vocational. Dimension: 216 x 140 x 22. Weight in Grams: 505.
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.
Product Details
Format
Hardback
Publication date
2015
Publisher
Palgrave Macmillan United Kingdom
Number of pages
296
Condition
New
Series
Studies in the Political Economy of Public Policy
Number of Pages
284
Place of Publication
Basingstoke, United Kingdom
ISBN
9781137364203
SKU
V9781137364203
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Philip Mader
Philip Mader is a research fellow at the Institute for Development Studies, UK. He taught in Basel and studied in Sussex, Cambridge, Cologne, and Harvard. His doctoral thesis, which was written at the Max Planck Institute for the Study of Societies, won the German Thesis Award and the Max Planck Society's Otto Hahn Medal.
Reviews for The Political Economy of Microfinance. Financializing Poverty.
'Microfinance is financialization dressed up as charity: a pathway for global finance to penetrate the capitalist periphery. In this richly documented book, Mader dispels the myth that debt can move the poor out of poverty. Far from an economics of liberation, microfinance is part of a politics of repression: it extracts more wealth than it creates, and reinforces economic dependence.' ... Read more