The Political Economy of Microfinance

Financializing Poverty

  • Philip Mader

Part of the Studies in the Political Economy of Public Policy book series (PEPP)

Table of contents

  1. Front Matter
    Pages i-xii
  2. Philip Mader
    Pages 1-37
  3. Philip Mader
    Pages 38-77
  4. Philip Mader
    Pages 78-120
  5. Philip Mader
    Pages 121-159
  6. Philip Mader
    Pages 160-194
  7. Back Matter
    Pages 214-284

About this book


According to the author, rather than alleviating poverty, microfinance financialises poverty. By indebting poor people in the Global South, it drives financial expansion and opens new lands of opportunity for the crisis-ridden global capital markets. This book raises fundamental concerns about this widely-celebrated tool for social development.


Microfinance poverty financialisation financial markets financial inclusion public goods development political economy

Authors and affiliations

  • Philip Mader
    • 1
  1. 1.Institute for Development StudiesUK

Bibliographic information