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Title: SOUTHEAST ASIA'S CREDIT REVOLUTION
FROM MONEYLENDERS TO MICROFINANCE
By: Aditya Goenka (Editor), David Henley (Editor)
Format: Hardback

List price: £150.00
Our price: £135.00
Discount:
10% off
You save: £15.00
ISBN 10: 0415443687
ISBN 13: 9780415443685
Availability: Usually dispatched within 1-3 weeks.
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Publisher: TAYLOR & FRANCIS LTD
Pub. date: 24 August, 2009
Series: Routledge Studies in the Growth Economies of Asia
Pages: 240
Description: Explores the transformation in the availability and use of credit among the less prosperous strata of Southeast Asian societies. This book deals with the microfinance sector and looks at informal moneylending, rotating savings and credit associations (ROSCAs), cooperatives, pawnshops, shopkeeper credit, and advance crop payments.
Synopsis: Southeast Asia's Credit Revolution describes and explains the rise of microfinance - the provision of credit and other financial services for the poor - in Southeast Asia, over the past four decades the most consistently successful region of the developing world. In recent years microfinance has come to be seen as a key weapon in the battle against global poverty, generating more enthusiasm and optimism than any other development strategy. Southeast Asia has a special place in the history of microfinance. Historically, Southeast Asian societies and economies were perceived as almost uniquely debt-ridden and credit-constrained. In the twentieth century, however, the region was in the forefront of the modern microfinance revolution. This book asks what factors have made it possible for formal microfinance institutions to replace moneylenders and other traditional credit providers. Bringing together economists, sociologists, anthropologists and historians, the book covers seven Southeast Asian countries. The topic is explored from cultural and institutional as well as economic perspectives, and policy-relevant lessons are offered for the design of successful microfinance institutions.Focusing on recent developments while putting them in historical context, this will be an important text for scholars and students of economic history, finance, institutional economics, and Asian Studies.
Illustrations: 9 black & white illustrations, 8 black & white tables, 3 black & white
Publication: UK
Imprint: Routledge
Returns: Returnable
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