Minimalism and microfinance: chronicle of an announced collapse [Minimalisme et microfinance: chronique d´un naufrage annoncé] [Minimalismo y microfinanzas: Crónica de un colapso anunciado]
In the last decades microfinance has been accounted as a revolutionary financial instrument for development. Nevertheless, outcomes in terms of poverty reduction have not been as extraordinary as was expected. Despite a huge academic progress registered in a large set of publications, we meet with relevant limitation in order to foresee and identify its determinants. This matter could be closely related to uncritical assimila tion of a minimalist approach as the systemic structure where academic progress has been conceived. This reductionist and aprioristic approach, far from shedding light on the foundations of microfinance, confines it into a symptomatic analysis extremely descriptive and conceptually sterile. With a critical exercise of four underlying categories we pretend to assert the impossibility of a minimalist approach as knowledgeable and operative structure for development. © 2017, Universidad Simon Bolivar. All rights reserved.
Showing items related by title, author, creator and subject.
ArticleCruz-Martinez G. (Springer New York LLC, 2018)
Welfare State Development, Individual Deprivations and Income Inequality: A Cross-Country Analysis in Latin America and the Caribbean (2020) Cruz-Martínez G. (Springer Netherlands, 2017)
Welfare effort and poverty from the monetary and capabilities approach: A cross-country analysis in Latin American and the Caribbean (1990-2010) [Esfuerzo de bienestar y pobreza desde el enfoque monetarista y de capacidades: Análisis transnacional en América Latina y el Caribe (1990-2010)] (2020) Cruz-Martínez G. (Universidad Complutense de Madrid, 2015)