Social Capital, Microfinance, and the Politics of Development

  title={Social Capital, Microfinance, and the Politics of Development},
  author={Katherine Rankin},
  journal={Feminist Economics},
  pages={1 - 24}
Policy makers increasingly rely on theories of social capital to fashion development interventions that mobilize local social networks in the alleviation of poverty. The potential of such theory lies in its recognition of the social dimensions of economic growth. This recognition has inspired some innovative approaches to development, such as the now-popular microfinance model. In assessing the implications of these recent developments for feminist objectives of social transformation, this… Expand
Capitalizing on Women's Social Capital? Women-Targeted Microfinance in Bolivia
Both social capital and microfinance are central to mainstream development interventions, and both are predicated on the need to recognize the importance of social factors in development.Expand
Gender, solidarity and the paradox of microfinance: reflections from Bolivia
Microfinance seeks to create small communities of women borrowers who stand in solidarity with each other, providing the social capital necessary to create an economic safety net and to facilitateExpand
Microcredit, Social Capital, and Politics: The Case of a Small Rural Town—Gossas, Sendgal
Through an exploratory approach, we studied the evolution, sustainability, and management of ten microcredit institutions located in Gossas, a small town in Senegal, Sub-Saharan Africa. PrevailingExpand
From Margin To Mainstream: Microfinance, Women's Work And Social Change In The Philippines
Since the 1990s, microfinance has become the leading development strategy adopted by NGOs and government agencies for supporting microenterprise projects that can alleviate poverty and empowerExpand
Social capital in poor communities : a case study from rural northern Peru
This thesis examines the prospective value of social capital for developmental purposes. It contends that the role that social relationships play in poor actors’ efforts to cope with and move out ofExpand
Shades of Social Capital: Elite Persistence and the Everyday Politics of Community Forestry in Southeastern Mexico
Social capital has been discussed widely as networks based in trust and reciprocity that can facilitate economic development, democratic governance, and sustainable natural-resource management. TheExpand
Social capital and development studies II
My fi rst progress report (Bebbington, 2004) focused on the nature of recent debates on social capital and development, and explored some of the institutional contexts that may help explain why theExpand
Gender, Mobility and the Financialisation of Development
This article challenges popular claims about the capacity for microfinance to reduce poverty and empower women in the global South. Instead, I posit microfinance as a contradictory development tool,Expand
Before Microfinance: The Social Value of Microsavings in Vincentian Poverty Reduction
The purpose of this article is to present and discuss the values and limits of microfinance within the context of poverty reduction, international development, and community empowerment. The mainExpand
Microcredit and building social capital in rural Bangladesh – drawing the uneasy link
In the 1990s, social capital and the group-based microcredit programme emerged as major planks of developmental interventions, and both approaches have underscored the necessity to mobilize socialExpand


Governing development: neoliberalism, microcredit, and rational economic woman
This paper addresses the emergence of microcredit programmes as a preferred strategy for poverty alleviation world-wide. Taking the paradigmatic case of Nepal, it engages a genealogical approach toExpand
Social Capital and Political Sociology: Re-imagining Politics?
This article is concerned with social capital as the concept has been used to further the analysis of political life. Its substantive focus is the work of Robert Putnam and his part in the revival ofExpand
Social Capital and (Community) Development: A North/South Perspective
The recent flourishing of social-capital theory and attendant approachesto poverty alleviation manifest a convergence across the North andSouth that we feel is crucial, not only for understanding theExpand
Nongovernmental Organizations, Micro-Credit, and Empowerment of Women
Empowerment of women by means of micro-credit-based income generation programs is a new orthodoxy in the development discourse. The first part of the article appraises this phenomenon in a broaderExpand
Building Social Capital: A Learning Agenda for the Twenty-first Century
Social capital creates local economic prosperity. This ® nding by Putnam (1993a), Fukuyama (1995), Coleman (1988, 1990) and other social scientists has lent legitimacy to what those involved inExpand
Since the 1980s, microenterprise development programs have proliferated in the United States, where they are widely praised as strategies for economic development and poverty alleviation, especiallyExpand
Is It Time to Disinvest in Social Capital
In an effort at theoretical clarification, the authors reviewed 45 recent articles reporting empirical research employing the concept of ‘social capital’. The literature is roughly equallyExpand
From vicious to virtuous circles : gender and micro-enterprise development
In this paper the author reviews some of the past and current experience of micro-enterprise programmes for women: training, credit and producer groups and co-operatives. Although there are someExpand
Toward a greater integration of gender in economics
Abstract This paper argues that feminist analysis is finally making an impact in the field of economics. It begins with an historical overview of the alternative theoretical approaches that haveExpand
Governing economic life
This paper proposes some new ways of analysing the exercise of political power in advanced liberal democratic societies. These are developed from Michel Foucault's conception of ‘governmentality’ andExpand