Purpose – This article attempts to unravel the ways in which New Labour's economic and social policies differ from those of previous Conservative and Labour administrations. Design/methodology/approach – The article analyses Treasury documents, which outline the philosophy underpinning the...

The paper argues that, in contemporary market economies, most production is debt financed. In order to pay off these debts, there is a necessity for economic growth that results in enormous waste of human effort and a misuse of the earth's resources. The Douglas-Orage Social Credit analysis,...

Academic analyses and impact evaluation studies produced by the international development community almost all conclude that the microfinance model has made an important net contribution to the economic and social recovery of post-war Bosnia and Herzegovina (hereafter Bosnia). However, as we now...

Microcredit was once universally lauded in international development community circles as a 'magic bullet'. Using the example of South Africa, this paper shows that microcredit has actually been an 'anti-developmental' local financial model, and one of the most calamitous financial sector...

This article argues that the microfinance model that arrived in Latin America in the 1970s has proven, as elsewhere around the world, to be an almost wholly destructive economic and social policy intervention. Centrally, I argue that the microfinance model is responsible for embedding and giving...

The paper starts by considering the neo-liberal approach to small enterprise development and why it was to underpin small enterprise policy in Central and Eastern Europe (CEE) from the very first years of the transition. Author briefly considers what other policy models or alternatives were...