Thursday, October 12, 2017

Re: [MFP] Re: Special Virtual Edition of 'Development and Change' on the rise

 

Dear Milford,

Thank you for your thoughts on MicroFinance, think many wanted to believe that it would be a solution to eliminate poverty when in fact it was just another financing channel that needed to be developed.    Financial Inclusion is microfinancing scheme with an updated name.   Another financial intermediary that participates in financial industry.    

Saludos
 
Chale Espinosa A

USA : 251-219-4808
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Skype: chalespinosa
twitter: @chalespinosa


On Thursday, October 12, 2017 5:08 AM, "Getaneh Gobezie getanehg2002@yahoo.com [MicrofinancePractice]" <MicrofinancePractice@yahoogroups.com> wrote:


 
Dear Milford

Thank you again, for sharing your valuable resources at ResearchGate... Of all the resources, perhaps the one titled ''From Panacea to 'Anti-Development' Intervention: The Rise and Fall of Microcredit (UNCTAD Discussion Paper, May 2017) can be of particular interest to many. ... Among others it touches upon the critical issue 'blanket targeting' of micro-credit (to everyone), which has also been highlighted in the (very widely debated!!) research outcome ''Six Randomized Evaluation of Microcredit'' (by Abhijit Banerji, Dean Karlan and Jonatan Zinman, 2014). ... We have re-emphasized the value of saving products to many poor people, which often constitute the majority in many contexts, also posted at the same resource center (Research Gate):


Thank you for the suggestions.

Regards

Getaneh




On Tuesday, October 10, 2017 1:34 AM, "milford bateman milfordbateman@yahoo.com [MicrofinancePractice]" <MicrofinancePractice@yahoogroups.com> wrote:


 
Dear Getaneh

Nice to hear from you again. I think this network will soon close down for lack of interest or else be renamed "Financial Inclusion Practice Group' or something like that....

To your question - you can find most of my work on microfinance at my author page at Research Gate

While I am here, you might be interested in most recent output posted last week which is a book chapter written with Professor Sonja Novkovic and it refers to Muhammad Yunus's concept of social business, which he is now pushing hard with a new book 'A World of Three Zeros'. I have the book on order, but in the meantime I saw him on Democracy Now! and I have to say that I was far from impressed with his presentation on social business and in particular, his apparent new found belief in equality. I almost died laughing hearing him denounce people like Carlos Slim in Mexico and others for their enormous wealth without saying that he has defended them consistently over the years, serve on their foundations, accepted their awards, and so on. He has also taken their cash to set up microfinance units, such as from  Carlos Slim to set up a Grameen microfinance unit in Mexico. Anyway, our current chapter is here: Muhammad Yunus's model of social business: A new, more humane form of capitalism or a failed "next big idea'?



It is included in the current edited book I have out co-edited with Kate Maclean and with a foreword by James K Galbraith, titled 'Seduced and Betrayed: Exposing the ContemporarMicrofinance Phenomenon' which you can find here: 




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