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"When Grameen Bank was awarded the Nobel Peace Prize in 2006, microfinance was lauded as an important contributor to the economic development of the Global South. However, political scandals, mission-drift, and excessive commercialization have tarnished this example of responsible development....
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When Grameen Bank was awarded the Nobel Peace Prize in 2006, microfinance was lauded as an important contributor to the economic development of the Global South. However, political scandals, mission-drift, and excessive commercialization have tarnished this example of responsible or inclusive...
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The 2006 Nobel Peace Prize awarded to Mohammed Yunus and Grameen Bank confirmed to the industry's advocates that microfinance was a tool to help excluded groups access financing. In my political ethnographic study of 491 people in three countries I show that politics operate throughout the...
Persistent link: https://www.econbiz.de/10013089989
Purpose – Bad governance and corrupt politics have left millions of people disenfranchised. In spite of an oppressive and undemocratic state, poor Haitians have created their own informal groups, cooperatives and caisses populaires (credit union) movements – a testimony to the democratic...
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