Rebecca Rockey

Microfinance as a Sustainable Solution for Alleviating Poverty

Why Sometimes It Does Not Work

• Broschiertes Buch

Produktbeschreibung

This book presents the hot topic of microfinance, comparing the success of microfinance institutions across two geographic regions: Africa and Asia (specifically sub-Saharan Africa [SSA] and south Asia). The success of a microfinance institution is defined by its outreach and sustainabilty, which indicate social and economic performance as well as impact. Looking more closely at poverty issues, sub-Saharan Africa poverty has essentialy doubled to 380 million (more than the U.S. population) over 20 years despite many political and economic attempts to restore economic growth. Comparing reforms taken by China and Vietnam that resulted in large and sustainable reductions in poverty, this book argues that sub-Saharan Africa has much larger issues outside of access to credit by the poor that hinder economic development. While microfinance shows to have played a role in smoothing consumption, it has not shown increased entrepreneurship or self-sufficiency and has not affected aggregatepoverty levels at all.

Produktdetails

• Verlag: LAP Lambert Academic Publishing
• Seitenzahl: 64
• Erscheinungstermin: 26. November 2010
• Englisch
• Abmessung: 220mm x 150mm x 4mm
• Gewicht: 106g
• ISBN-13: 9783843378574
• ISBN-10: 3843378576
• Artikelnr.: 32557686

Autorenporträt

Rebecca Rockey attended the Schreyer Honors College at the Pennsylvania State University and has a strong interest in international development, and anti-poverty strategy. She has worked as a research assistant and as a policy associate in Washington, D.C. She is currently an assistant analyst at the Congressional Budget Office.