Title: The Political Economy of Microfinance: Financializing Poverty (Studies in the Political Economy of Public Policy)
Publisher: Palgrave Macmillan
Publication Date: 2015
Language: English
ISBN 10: 1137364203
ISBN 13: 9781137364203
Binding: Hardcover
Condition: New

About this title

Synopsis

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.

About the Author

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.

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