Using both qualitative and quantitative approaches, this article investigates the under-researched demand-side of locally-financed Payments for Environmental Services (PES). It assesses downstream users' willingness to pay (WTP) for improved tap water quality in a setting where upstream...

</titre> In ?progressive circles?, microfinance is often denounced as a neoliberal project against the poor?s interests. The recent crises and rebellions led by the customers are seen in a positive light and would announce the end of the ?microfinance paradigm?. This study of the Nicaraguan crisis...

</titre> This article aims to reflect the debates sparked by Latin America?s New Left?s criticisms of microfinance, which experienced a dramatic boom during the last decades of neoliberal policies. It reports on an international conference held in November 2012 in Antwerp, where about fifty...