The Crises of Microcredit

The Crises of Microcredit

Author: Isabelle Guérin

Publisher: Zed Books Ltd.

Published: 2015-10-15

Total Pages: 145

ISBN-13: 1783603771

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Microcredit programmes, long considered efficient development tools, now face unprecedented crises in a number of countries. Is this the end of microcredit or rather an essential step in its expansion? Should we stop microcredit altogether or rethink the way it is implemented? Drawing on extensive empirical research conducted in various parts of the world - from Morocco to Senegal to India - this important volume examines the whole chain of microcredit to provide the answers to these questions. In doing so, the authors highlight the diversity of crises, both in intensity and in nature, while also shedding light on a diversity of causes, be it microcredit organizations unprepared for massive growth, saturated local economies or greedy investors and shareholders attracted by profits. Crucially, the authors demonstrate that microcredit is not a monolithic project, and the crises should also be analysed in the light of national histories and policies. An original and necessary intervention in what has become one of the most contentious topics within the development world.


Development Finance Institutions

Development Finance Institutions

Author: Mark Schreiner

Publisher: World Bank Publications

Published: 2001-01-01

Total Pages: 116

ISBN-13: 9780821349847

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The purpose of the measurement of the social cost of subsidised development finance institutions (DFIs) is to see if the social benefit exceeds the social cost. In most cases, it is so expensive to measure social benefits that a full-blown social cost-benefit analysis cannot be done. The measurement of social costs, however, is not as expensive, and it can inform choices of how to spend public funds. This paper presents two measures of social cost. The first is the Subsidy Dependence Index (SDI) that can measure social cost in short time frames. The second measure is the net present cost of society (NPCS), which can measure social cost in any time frame. Both the SDI and the NPCS model shift the emphasis from prices paid to opportunity costs.


Poverty Reduction Policies and Practices in Developing Asia

Poverty Reduction Policies and Practices in Developing Asia

Author: Almas Heshmati

Publisher: Springer

Published: 2015-03-31

Total Pages: 309

ISBN-13: 9812874208

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This book looks at the major policy challenges facing developing Asia and how the region sustains rapid economic growth to reduce multidimensional poverty through socially inclusive and environmentally sustainable measures. Asia is facing many challenges arising from population growth, rapid urbanization, provision of services, climate change and the need to redress declining growth after the global financial crisis. This book examines poverty and related issues and aims to advance the development of new tools and measurement of multidimensional poverty and poverty reduction policy analysis. The book covers a wide range of issues, including determinants and causes of poverty and its changes; consequences and impacts of poverty on human capital formation, growth and consumption; assessment of poverty strategies and policies; the role of government, NGOs and other institutions in poverty reduction; rural-urban migration and poverty; vulnerability to poverty; breakdown of poverty into chronic and transitory components; and a comparative study on poverty issues in Asia and other regions. The book will appeal to all those interested in economic development, resources, policies and economic welfare and growth.


Vulnerability to Poverty

Vulnerability to Poverty

Author: M. Grimm

Publisher: Springer

Published: 2016-04-30

Total Pages: 353

ISBN-13: 0230306624

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With the current global crisis, high levels of volatility in trade, capital flows, commodity prices, aid, and the looming threat of climate change, this book brings together high-quality research and presents conceptual issues and empirical results to analyze the determinants of the vulnerability to poverty in developing countries.


Finance Against Poverty: Volume 1

Finance Against Poverty: Volume 1

Author: Hulme David

Publisher: Routledge

Published: 2005-08-12

Total Pages: 244

ISBN-13: 1134803842

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In two volumes these books review and expand the theory that poverty in the world's poorest regions could be alleviated by providing small loans to micro-entrepreneurs. Volume 1 provides detailed analysis of this theory and offers policy recommendations for practitioners in this field. Volume 2 presents empirical evidence drawn from comparative experiences in seven developing countries. The work assesses the success of this policy and provides some startling conclusions. This is essential reading for all those interested in development, poverty-reduction, social welfare and finance.


Portfolios of the Poor

Portfolios of the Poor

Author: Daryl Collins

Publisher: Princeton University Press

Published: 2009

Total Pages: 297

ISBN-13: 0691148198

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In this work, the authors report on the yearlong 'financial diaries' of villagers and slum dwellers in Bangladesh, India, and South Africa. The stories of these families are often surprising and inspiring.


Microfinance and Poverty Reduction

Microfinance and Poverty Reduction

Author: Susan Johnson

Publisher: Oxfam

Published: 1997

Total Pages: 148

ISBN-13: 9780855983697

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The book emphasizes the importance of studying the local context, and then considering the macroeconomic factors which may be operating upon the economy of a particular country. Five extended case studies, in the Gambia, Ecuador, Mexico, Pakistan, and the UK are examined with reference to further aspects of sustainability and impact assessment.