The Theory and Practice of Microcredit

ISBN-13: 9780367866587 / Angielski / Miękka / 2019 / 274 str.

Wahiduddin Mahmud; S. R. Osmani

Opis

The Theory and Practice of Microcredit argues that a proper understanding of the evolution of practice is essential both for developing theories that are relevant for the real world and for adopting policies that can better realize the full potential of microcredit. By drawing upon their first-hand knowledge of the nature of this evolutio

Spis treści

List of figures

List of tables

Preface

1 Introduction

2 Microcredit in Bangladesh: how the credit markets work

3 Microcredit in Bangladesh: how the microcredit model works

4 Theories of microcredit: group lending and moral hazard

5 Theories of microcredit: adverse selection and repayment enforcement

6 When theory meets reality: testing the theories of microcredit

7 Economic impact of microcredit: the experience of Bangladesh

8 The patterns of loan use

9 The economics of microenterprise

10 Micro-entrepreneurship and economic development

References

Index

O autorze

Wahiduddin Mahmud was, until recently, Professor of Economics at the University of Dhaka and is currently Chairman, Economic Research Group, Dhaka, Bangladesh. He is a founder and former chairman of Palli-Karma Sahayak Foundation (PKSF), the apex wholesale microcredit lending institution in Bangladesh. He is also a Senior Country Advisor of International Growth Centre, the Chairman of the South Asia Network of Economic Research Institutes, and is on the Governing Board of the Global Development Network. He served as a member of the UN Committee for Development Policy and has held visiting positions at the World Bank, UN Development Programme (UNDP), International Food Policy Research Institute (IFPRI) and Institute of Development Studies (IDS) at Sussex University.

S. R. Osmani is Professor of Development Economics at Ulster University, UK. He obtained a PhD in economics from the London School of Economics and worked at the Bangladesh Institute of Development Studies, Dhaka, and at the World Institute for Development Economics Research, Helsinki, before joining Ulster University. He has published widely on issues related to employment and poverty, inequality, hunger, famine, nutrition, rights-based approaches to development, and development problems in general.