Research

From microfinance to inclusive financial markets : The challenge of social regulation


Reference:

Johnson, S., 2013. From microfinance to inclusive financial markets : The challenge of social regulation. Oxford Development Studies, 41 (S1), S35-S52.

Related documents:

[img]
Preview
PDF (author's accepted version) - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader
Download (269kB) | Preview

    Official URL:

    http://dx.doi.org/10.1080/13600818.2012.734799

    Abstract

    Policy towards microfinance has undergone a shift away from building financial institutions focused on serving poor people to an “inclusive” agenda for financial sector development, operationalized by some donors in an approach entitled “Making Markets Work for the Poor”. This approach is located in New Institutional Economics and the enabling environment focus of the post-Washington Consensus. Despite the way in which this inclusion agenda echoes social exclusion discourse, it engages with a residualist rather than relational understanding of poverty. This leads to an analytical disjuncture between its discourse and analysis, overlooking the root causes of poverty and exclusion in relational processes. Arising from this is the failure to recognize that developing institutions and “enabling” environments require an understanding of social institutions and their influence as social regulatory structures. The author illustrates how analysis can proceed to address this disjuncture using the example of gender relations.

    Details

    Item Type Articles
    CreatorsJohnson, S.
    DOI10.1080/13600818.2012.734799
    DepartmentsFaculty of Humanities & Social Sciences > Social & Policy Sciences
    Research CentresCentre for Development Studies
    Publisher StatementJohnson_ODS_2013_final_submitted.pdf: This is an Author's Accepted Manuscript of an article published in Johnson, S 2013, 'From microfinance to inclusive financial markets: the challenge of social regulation' Oxford Development Studies, vol 41, no. S1, pp. S35-S52, copyright Taylor & Francis, available online at: http://www.tandfonline.com/ 10.1080/13600818.2012.734799
    RefereedYes
    StatusPublished
    ID Code28456

    Export

    Actions (login required)

    View Item

    Document Downloads

    More statistics for this item...