FOSTERING SUSTAINABLE COMPLEXITY IN THE MICROFINANCE INDUSTRY: WHICH WAY FORWARD?

被引:3
作者
Chamlee-Wright, Emily [1 ]
机构
[1] Beloit Coll, Beloit, WI 53511 USA
关键词
D O I
10.1111/j.1468-0270.2005.00544.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
The microfinance movement has gained tremendous popularity over the post 30 years, but it is still far from meeting its full potential. The industry stands at a crossroads between increased commercialisation and increased philanthropic aid. Standard economic discourse does little to resolve the debate. F. A. Hayek's concept of the 'extended order' sheds new light on how we might understand the future development of microfinance. © Institute of Economic Affairs 2005.
引用
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页码:5 / 11
页数:7
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