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Microfinance and Its Discontents

Microfinance and Its Discontents
Author: Lamia Karim
Publisher: U of Minnesota Press
Total Pages: 292
Release: 2011
Genre: Social Science
ISBN: 0816670943

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The first feminist critique of the much-lauded microcredit process in Bangladesh.


Microfinance and Its Discontents

Microfinance and Its Discontents
Author: Lamia Karim
Publisher:
Total Pages: 255
Release: 2011
Genre: Microfinance
ISBN: 9781452930107

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Microfinance and Its Discontents

Microfinance and Its Discontents
Author: Lamia Karim
Publisher:
Total Pages: 255
Release: 2011
Genre: Microfinance
ISBN: 9781452946665

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In 2006 the Grameen Bank of Bangladesh won the Nobel Peace Prize for its innovative microfinancing operations. This path-breaking study of gender, grassroots globalization, and neoliberalism in Bangladesh looks critically at the Grameen Bank and three of the leading NGOs in the country. Amid euphoria over the benefits of microfinance, Lamia Karim offers a timely and sobering perspective on the practical, and possibly detrimental, realities for poor women inducted into microfinance operations. In a series of ethnographic cases, Karim shows how NGOs use social codes of honor and shame to shape t.


Why Doesn't Microfinance Work?

Why Doesn't Microfinance Work?
Author: Milford Bateman
Publisher: Zed Books Ltd.
Total Pages: 261
Release: 2010-06-10
Genre: Business & Economics
ISBN: 1848138954

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Since its emergence in the 1970s, microfinance has risen to become one of the most high-profile policies to address poverty in developing and transition countries. It is beloved of rock stars, movie stars, royalty, high-profile politicians and ‘troubleshooting’ economists. In this provocative and controversial analysis, Milford Bateman reveals that microfinance doesn’t actually work. In fact, the case for it has been largely built on hype, on egregious half-truths and – latterly – on the Wall Street-style greed of those promoting and working in microfinance. Using a multitude of case studies, from India to Cambodia, Bolivia to Uganda, Serbia to Mexico, Bateman demonstrates that microfi nance actually constitutes a major barrier to sustainable economic and social development, and thus also to sustainable poverty reduction. As developing and transition countries attempt to repair the devastation wrought by the global financial crisis, Why Doesn’t Microfinance Work? argues forcefully that the role of microfinance in development policy urgently needs to be reconsidered.


Rentier Capitalism and Its Discontents

Rentier Capitalism and Its Discontents
Author: Balihar Sanghera
Publisher: Springer Nature
Total Pages: 321
Release: 2021-08-31
Genre: Political Science
ISBN: 303076303X

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This book explains and evaluates today’s economic, political, social and ecological crises through the lens of rentier capitalism and countermovements in Central Asia. Over the last three decades the rich and powerful have increased their wealth and political power to the detriment of social and environmental well-being. But their activities have not gone unchecked. Grassroots activism has resisted the harmful and damaging effects of the neoliberal commodification of things. Providing a much-needed theorisation of the moral economy and politics of rent, this book offers in-depth case studies on finance, real estate and natural resources in Kazakhstan and Kyrgyzstan. The authors show the mechanisms of rent extraction, their moral justifications and legitimacy, and social struggles against them. This book highlights the importance of class relations, state-countermovement interactions and global capitalism in understanding social and economic dynamics in Central Asia. It will be relevant to students and researchers interested in political economy, development studies, sociology, politics and international relations.


Politicized Microfinance

Politicized Microfinance
Author: Caroline Shenaz Hossein
Publisher: University of Toronto Press
Total Pages: 240
Release: 2016-08-04
Genre: Business & Economics
ISBN: 1442616601

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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 financial development. Politicized Microfinance insightfully discusses exclusion while providing a path towards redemption. In this work, Caroline Shenaz Hossein explores the politics, histories and social prejudices that have shaped the legacy of microbanking in Grenada, Guyana, Haiti, Jamaica and Trinidad. Writing from a feminist perspective, Hossein’s analysis is rooted in original qualitative data and offers multiple solutions that prioritize the needs of marginalized and historically oppressed people of African descent. A must read for scholars of political economy, diaspora studies, social economy, women’s studies, as well as development practitioners, Politicized Microfinance convincingly deftly argues for microfinance to return to its origins as a political tool, fighting for those living in the margins.


Lost in Transition

Lost in Transition
Author: Kristen Ghodsee
Publisher: Duke University Press
Total Pages: 226
Release: 2011-09-14
Genre: History
ISBN: 0822351021

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Through ethnographic essays and short stories based on her experiences in Eastern Europe between 1989 and 2009, Kristen Ghodsee explains why many Eastern Europeans are nostalgic for the communist past.


1989

1989
Author: Krishan Kumar
Publisher: Choice Publishing Co., Ltd.
Total Pages: 406
Release: 2001
Genre: History
ISBN: 9780816634538

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In 1989, from East Berlin to Budapest and Bucharest to Moscow, communism was falling. The walls were coming down and the world was being changed in ways that seemed entirely new. The conflict of ideas and ideals that began with the French Revolution of 1789 culminated in these revolutions, which raised the prospects of the "return to Europe" of East and Central European nations, the "restarting of their history," even, for some, the "end of history." What such assertions and aspirations meant, and what the larger events that inspired them mean-not just for the world of history and politics, but for our very understanding of that world-are the questions Krishan Kumar explores in 1989. A well-known and widely respected scholar, Kumar places these revolutions of 1989 in the broadest framework of political and social thought, helping us see how certain ideas, traditions, and ideological developments influenced or accompanied these movements-and how they might continue to play out. Asking questions about some of the central dilemmas facing modern society in the new century, Kumar offers critical insight into how these questions might be answered and how political, social, and historical ideas and ideals can shape our destiny. Contradictions Series, volume 12


Sovereign Wealth Funds and Long-term Investing

Sovereign Wealth Funds and Long-term Investing
Author: Patrick Bolton
Publisher: Columbia University Press
Total Pages: 254
Release: 2012
Genre: Business & Economics
ISBN: 0231158637

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Sovereign wealth funds (SWFs) are state-owned investment funds with combined asset holdings that are fast approaching four trillion dollars. Recently emerging as a major force in global financial markets, SWFs have other distinctive features besides their state-owned status: they are mainly located in developing countries and are intimately tied to energy and commodities exports, and they carry virtually no liabilities and have little redemption risk, which allows them to take a longer-term investment outlook than most other institutional investors. Edited by a Nobel laureate, a respected academic at the Columbia Business School, and a longtime international banker and asset manager, this volume examines the specificities of SWFs in greater detail and discusses the implications of their growing presence for the world economy. Based on essays delivered in 2011 at a major conference on SWFs held at Columbia University, this volume discusses the objectives and performance of SWFs, as well as their benchmarks and governance. What are the opportunities for SWFs as long-term investments? How do they fulfill their socially responsible mission? And what role can SWFs play in fostering sustainable development and greater global financial stability? These are some of the crucial questions addressed in this one-of-a-kind volume.


Method in the Madness

Method in the Madness
Author: Parameswaran Iyer
Publisher: Harper Collins
Total Pages: 255
Release: 2021-01-31
Genre: Biography & Autobiography
ISBN: 9390327571

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Parameswaran Iyer, former Secretary to the Government of India, is best known for leading the implementation of the Swachh Bharat Mission (SBM) - Prime Minister Narendra Modi's flagship programme, which became the world's largest sanitation revolution. But Iyer is not your typical bureaucrat. With a far-from-usual career combining two distinguished tenures in the government and an eventful stint outside it, he likes to describe himself as an uncommon 'Insider-Outsider-Insider'. In Method in the Madness, he reflects on the unique path he chose - from cracking the IAS to becoming a globe-trotting World Bank technocrat, to playing the role of a coach to his professional tennis-playing children, to finally returning to India and implementing the SBM. Written with humour and wisdom, this is an inspiring read full of key management insights, practical career advice, and valuable life lessons that will resonate with readers across age groups and professions.