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Economics

2011

Macalester College

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El Rol Esencial De La Educación Y La Salud En La Estrategia Microfinanciera: Un Comentario Sobre El Neoliberalismo Contemporáneo, Julia Smith Apr 2011

El Rol Esencial De La Educación Y La Salud En La Estrategia Microfinanciera: Un Comentario Sobre El Neoliberalismo Contemporáneo, Julia Smith

Latin American Studies Honors Projects

Abstract

This thesis answers the question: “What is the relationship between microfinance and neoliberalism?” by arguing that microfinance is an effective strategy for poverty eradication and community development only when it is coupled with public education and health for all members of society. Therefore, countries need to change their policies in these areas to ensure that microfinance institutions are successful in ending poverty. This thesis engages with scholars such as David Harvey and Mohammed Yunus who provide the theoretical framework for neoliberalism and microfinance and more importantly with Milford Bateman and Yogendra Bahadur Shakya who argue that microfinance can never …