Resumen del libro

Reseña: 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.

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indice: Part I: An overview 1.Introduction Milford Bateman, Stephanie Blankenburg and Richard Kozul-Wright 2.Development prospects in an era of financialization Richard Kozul-Wright 3.Microcredit and development Milford Bateman Part II: Country case studies 4.Looking through the glass, darkly: Microcredit in Peru Matthew Bird 5.Brazil - Latin Americas unsung hero Fernanda Feil and Andrej Slivnik 6.Colombia: A critical look Daniel Munevar 7.Mexico and the microcredit model Eugenia Correa and Laura Vidal 8.Sustainability paradigm to paradox: a study of microfinance clients livelihoods in Bangladesh Mathilde Maitrot 9.Cambodia - the next domino to fall? Milford Bateman 10.The instability of commercial microcredit: Understanding the Indian crisis with Minsky Philip Mader 11. Collective resistances to microcredit in Morocco Solène Morvant-Roux and Jean-Yves Moisseron 12.Microcredit as post-apartheid South Africas own US-style sub-prime crisis Milford Bateman Part III: Policy implications 13. Financing development in the global economy post-2015: An alternative agenda Stephanie Blankenburg 14. Conclusion Milford Bateman, Stephanie Blankenburg and Richard Kozul-Wright

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