The great divide in microfinance: Political economy in microcosm

Abstract

Woller, Dunford, and Woodworth (1999) and Morduch (2000) were among the first to discuss the existence of a “schism” in the study of microfinance. Although the exact dimensions of this divide are stated differently by various authors, the existence of alternative schools of thought is widely accepted (Brett, 2006; Bhatt & Tang, 2001; Mitlin, 2002; Robinson, 2001; Rhyne, 1998).

Citation

Moon, B.E. (2009), "The great divide in microfinance: Political economy in microcosm", Watkins, T.A. and Hicks, K. (Ed.) Moving Beyond Storytelling: Emerging Research in Microfinance (Contemporary Studies in Economic and Financial Analysis, Vol. 92), Emerald Group Publishing Limited, Leeds, pp. 109-144. https://doi.org/10.1108/S1569-3759(2009)0000092007