Finance Against Poverty

  title={Finance Against Poverty},
  author={D. Hulme and P. Mosley},
Over the last decade, the theory that poverty in the world's poorest regions could be alleviated by providing small loans to micro-entrepreneurs has become increasingly popular. This volume examines the effectiveness of this theory when put into practice. The book presents empirical evidence drawn from comparative experiences in seven developing countries and produces some startling conclusions. This work should be essential reading for all those interested in development, poverty-reduction… Expand
Reflecting on Micro Finance in Poverty Reduction
Development policy has increasingly shifted towards expanding financial services to the poorer sections of the population following the Grameen Bank success. In spite of this and other micro financeExpand
Micro-Credit and Rural Poverty: An Analysis of Empirical Evidence
This paper reviews empirical evidence on NGO-led micro-credit programmes in several developing countries, and compares them with state-led poverty alleviation schemes in India. It shows thatExpand
Finance for small enterprise growth and poverty reduction in developing countries
This paper examines the ways in which financial sector development policy might contribute to poverty reduction, particularly by supporting the growth of micro and small enterprises (MSEs).Expand
How Does Finance Contribute to the Development Process and Poverty Reduction
In this valuable new book, a distinguished group of authors takes stock of the existing state of knowledge in the field of finance and the development process. Each chapter offers a comprehensiveExpand
How Bad Governance Impedes Poverty Alleviation in Bangladesh
In 1995/96, 47.5 per cent of the population of Bangladesh were still living below the poverty line. While this represents a decline compared to 62.6 per cent in 1983/84, the absolute number of poorExpand
The Impact of Microfinance on Poverty Alleviation: Making Sense of the Evidence
This chapter sets out to examine the available evidence on the impact of microfinance on poverty alleviation across the developing world. The focus is on microcredit – the most prominent element ofExpand
The Failure of Financial-Economic Policies to Reduce Global Poverty
The worldwide problem of poverty had amounted to such an extent that the international development organisations designated the highest priority to the eradication of poverty within the context ofExpand
Microfinance: Does it Hold its Promises? A Survey of Recent Literature
Poverty alleviation has been the main target of developmental projects world-wide. However, only a few ideas have stirred so much attention in the last two decades as that of the provision ofExpand
The 'Political Poverty Trap': Bolivia 1999-2007
We analyse the recent wave of political instability in Bolivia in the context of a ‘poverty trap’ model which suggests that elements in a country’s political system, as well as its economicExpand
Microfinance as a Poverty Reduction Tool—A Critical Assessment
This paper attempts to provide a critical appraisal of the debate on the effectiveness of microfinance as a universal poverty reduction tool. It argues that while microfinance has developed someExpand