Financializing Poverty
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The Political Economy of Microfinance
| Author | : Philip Mader |
| Publisher | : Springer |
| Total Pages | : 297 |
| Release | : 2016-01-12 |
| Genre | : Political Science |
| ISBN | : 1137364211 |
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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.
