Conversations and Empirical Evidence in Microfinance

Microfinance is regarded as a lynchpin in private sector solutions to a host of complex social challenges, from child labor, education, and women's rights, through to sustainable local economic development. The principle of self-help through capital accumulation in the US inner city looks similar to that of a Peruvian slum, and as practice has grown, so has the research. Conversations and Empirical Evidence in Microfinance is a curated conversation from a comprehensive review of the published literature, and is supported by theory and evidence from a wide range of disciplines such as philosophy, finance, public policy, and entrepreneurship.

Contents:

• The Extant Theoretical and Empirical Literature in Microfinance (Phillip H Phan)
• Microfinance as Cooperation between Private Property and Collective Action to Reconnect Consumption and Societal Development (Bernard Paranque)
• Endogenous Fragility in Microfinance: Evidence from India (Céline Gimet and Thomas Lagoarde-Segot)
• The Microfinance Investment Horizon: Navigating between Social Mission and Profit Making (Hilda Eitzen)

Readership: Graduate students and researchers in the field of microfinance.
Key Features:

• Provides a comprehensive literature review of the field and serves as an excellent reference for researchers in the field
• Demonstrates an econometric approach to investigating the phenomenon at a national level
• Provides a method for policymakers to properly understand the pros and cons of the phenomenon
• First book to provide a philosophical explanation for the existence of and way to view the microfinance phenomenon as an institutional form, rather than a natural product of human endeavor