Abstract
The October 2006 award of the Nobel Peace Prize jointly to Bangladesh’s Grameen Bank and to Mohammad Yunus, Grameen’s founder, crowned over a decade of unprecedented attention and media hype surrounding the concept of microfinance. The Grameen Bank’s microfinance model was ‘discovered’ by the international development community in the 1980s. Thereafter it was quickly and extensively deployed as poverty reduction and local development policy within developing countries and, from 1990 onwards, in the newly designated transition economies too. The messy collapse of the former Yugoslavia from 1990 onwards provided the international development community with its first major test of the microfinance model in post-communist Eastern Europe, and it was subsequently operationalised in the Southeast Europe region as part of post-conflict reconstruction and development support.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Adams, Dale, 2003, ‘Comments by Dale Adams on the Matthäus-Maier and von Pischke book’, Devfinance (Annex to the Quarterly Review October–December).
Adams, Dale, Douglas Graham and J.D. von Pischke, 1984, Undermining Rural Development with Cheap Credit, Boulder, CO: Westview.
Addai, Abenaa and Kristine Nienborg, 2004, ‘Enterprise Level Impacts of Financial Sector Projects in Southeast Europe’, in Ingrid Matthäus-Maier and J.D. von Pischke (eds), The Development of the Financial Sector in Southeast Europe: Innovative Approaches in Volatile Environments, Berlin: Springer.
Agripolicy, 2006, ‘Structure and Competitiveness of the Milk and Dairy Supply Chain in Bosnia and Herzegovina’, country report prepared for the CEEC Agripolicy project (513705).
Amsden, Alice, 2007, Escape from Empire: The Developing World’s Journey Through Heaven and Hell, Cambridge, MA: MIT Press.
Bartlett, Will and Nevenka Čućković, 2007, ‘SME Policy and the Emerging Knowledge Economy in Croatia: Competitive Pressures and Employee Skills’, paper at 7th International Conference ‘Enterprise in Transition’, Bol, Croatia, 24–26 May.
Bateman, Milford, 2000, ‘Small Enterprise Development in the Yugoslav Successor States: Institutions and Institutional Development in a Post-War Environment’, MOCT-MOST, Vol. 10, No. 2.
Bateman, Milford, 2003, ‘“New Wave” Micro-Finance Institutions in South-East Europe: Towards a More Realistic Assessment of Impact’, Small Enterprise Development, Vol. 14, No. 3, pp. 56–65.
Bateman, Milford, 2006, ‘Mission Report’, Final Report to Swiss Development Corporation on situation and recommendations for Prilep Region Enterprise Development Agency programmes in Pelagonia region, Prilep, Macedonia.
Bateman, Milford, 2007a, ‘Deindustrialisation and Social Disintegration in Bosnia’, in Thomas Dichter and Malcolm Harper (eds), What’s Wrong with Microfinance? London: Practical Action Publishers.
Bateman, Milford, 2007b, ‘Financial Co-operatives for Sustainable Local Economic and Social Development’, Small Enterprise Development, Vol. 18, No. 1, pp. 37–49.
Bateman, Milford and Dean Sinković, 2007, ‘Assessing the Sustainable Impact of Micro-finance in Croatia: A New Approach and Some New Tools of Analysis’, paper at European Association for Comparative Economics Studies seminar ‘The Role of Microfinance in Promoting Sustainable Development in Southeast Europe’, Great Brioni Island, Croatia, 5 July.
Burbach, Roger, Oscar Nunez and Boris Kagarlitsky, 1997, Globalization and its Discontents: The Rise of Postmodern Socialisms, London: Pluto Press.
CFER (Council on Foreign Economic Relations), 2000, ‘Promoting Sustainable Economies in the Balkans: Report of an Independent Task Force Sponsored by the Council on Foreign Economic Relations’, Washington, DC.
Chang, Ha-Joon, 2003, Globalisation, Economic Development and the Role of the State, London: Zed Books.
Chang, Ha-Joon, 2007, Bad Samaritans: Rich Nations, Poor Policies and the Threat to the Developing World, London: Random House.
Chua, Amy, 2003, World on Fire: How Exporting Free-Market Democracy Breeds Ethnic Hatred and Global Instability, London: Heinemann.
Collier, Paul, 2007, The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It, Oxford: Oxford University Press.
Davis, Mike, 2006, Planet of Slums, London: Verso.
Davis, Peter, 2007, ‘Discussions Among the Poor: Exploring Poverty Dynamics with Focus Groups in Bangladesh’, Chronic Poverty Research Centre Working Paper 84, February, Institute for Development Policy and Management, University of Manchester.
Demirgüç-Kunt, Asli, Leora Klapper and Georgios A. Panos, 2007, The Origins of Self-Employment, World Bank Development Research Group, Washington, DC, February.
Dichter, Thomas and Malcolm Harper (eds), 2007, What’s Wrong with Microfinance? London: Practical Action Publishers.
Dolan, Kerry, 2005, ‘Up from the Rubble; Can $2,000 Loans help Revive a War-Torn Economy? Entrepreneurs in Bosnia and Herzegovina are Putting Microfinance to the Test’, Forbes, 18 April.
Drake, Deborah and Elisabeth Rhyne (eds), 2002, The Commercialisation of Microfinance: Balancing Business and Development, Bloomfield, CT: Kumarian.
Drucker, Peter, 1985, Innovation and Entrepreneurship, London: Pan.
Dunn, Elizabeth, 2005, Impact of Microcredit on Clients in Bosnia and Herzegovina, Washington, DC: Impact LLC.
Dunn, Elizabeth and Josip Tvrtković, 2004, ‘Case Study Report: “Then I Learned I Could get a Loan”’, Sarajevo: Local Initiatives (Microfinance) Project II, Impact Assessment/Research Development Component.
Ellerman, David, 2005, Helping People Help Themselves: From the World Bank to an Alternative Philosophy of Development Assistance, Ann Arbor, MI: University of Michigan Press.
Ellerman, David, 2007, ‘Microfinance: Some Conceptual and Methodological Problems’, in Thomas Dichter and Malcolm Harper (eds), What’s Wrong with Microfinance? London: Practical Action Publishers.
European Stability Initiative, 2002, De-Industrialisation and its Consequences: A Kosovo Story, Lessons Learned and Analysis Unit of the EU Pillar of UNMIK, Prishtina and Berlin: European Stability Initiative.
Faux, Jeff and Larry Mishel, 2000, ‘Inequality and the Global Economy’, in Will Hutton and Anthony Giddens (eds), On the Edge: Living with Global Capitalism, London: Jonathan Cape, pp. 93–111.
Feiner, Susan, and Drucilla Barker, 2007, ‘Microcredit and Women’s Poverty–Granting this year’s Nobel Peace Prize to Microcredit Guru Muhammad Yunus Affirms Neoliberalism’, The Dominion, Issue 42, 17 January.
Friedman, Milton and Rose Friedman, 1980, Free to Choose, London: Penguin.
Gowan, Peter, 1999, The Global Gamble: Washington’s Faustian Bid for World Dominance, London: Verso.
Harper, Malcolm, 2007, ‘Some Final Thoughts’, in Thomas Dichter and Malcolm Harper (eds), What’s Wrong with Microfinance? London: Practical Action Publishers.
Harvey, David, 2006, A Brief History of Neoliberalism, Oxford: Oxford University Press.
Karnarni, Aneel, 2007, ‘Microfinance Misses its Mark’, Stanford Social Innovation Review, Summer.
Matthäus-Maier, Ingrid and J.D. von Pischke (eds), 2004, The Development of the Financial Sector in Southeast Europe: Innovative Approaches in Volatile Environments, Berlin: Springer.
Matul, Michal and Caroline Tsilikounas, 2004, ‘Microfinance in the Household Recon-struction in BiH’, Journal of International Development, Vol. 16, No. 3, pp. 429–66.
North, Douglass, 1990, Institutions, Institutional Change and Economic Performance, Cambridge: Cambridge University Press.
Putnam, Robert, 2000, Bowling Alone: The Collapse and Revival of American Community, New York: Simon and Schuster.
Reardon, Thomas, Goran Vrabec, Damir Karakas and Conrad Fritsch, 2003, The Rapid Rise of Supermarkets in Croatia: Implications for Farm Sector Development and Agribusiness Competitiveness Programs, Zagreb: Development Alternatives Incorporated, September.
Robinson, Marguerite, 2001, The Microfinance Revolution: Sustainable Finance for the Poor, Washington, DC: World Bank.
SAPRIN (Structural Adjustment Participatory Reviews International Network), 2001, The Policy Roots of Economic Crisis and Poverty, Washington, DC.
Sennett, Richard, 2003, Respect: The Formation of Character in an Age of Inequality, London: Penguin.
Shiva, Vandana, 2002, Water Wars: Privatisation, Pollution, and Profit, London: Pluto.
Stiglitz, Joseph, 2002, Globalisation and its Discontents, London: Allen Lane.
UN Human Settlements Programme, 2003, The Challenge of Slums: Global Report on Human Settlements, London: Earthscan.
UNCTAD, 2003, Annual Report 2003, Geneva.
Weber, Heloise, 2002, ‘The Imposition of a Global Development Architecture: The Case of Microcredit’, Review of International Studies, Vol. 28, No. 3, pp. 537–55.
Weiss, Linda, 1988, Creating Capitalism: The State and Small Business Since 1945, Oxford: Blackwell.
WM Global Partners, 2003, ‘Evaluation of the programme for the return of refugees and internally displaced persons in Croatia: Final Report’, Birmingham: WM Global Partners, February.
Woodward, Susan, 1995, Balkan Tragedy: Chaos and Dissolution After the Cold War, Washington. DC: The Brookings Institution.
World Bank, European Commission and EBRD, 1996, ‘Bosnia and Herzegovina: Towards Economic Recovery’, discussion paper 1, for Second Donors’ Conference.
Editor information
Editors and Affiliations
Copyright information
© 2008 Milford Bateman
About this chapter
Cite this chapter
Bateman, M. (2008). Microfinance and Borderlands: Impacts of ‘Local Neoliberalism’. In: Pugh, M., Cooper, N., Turner, M. (eds) Whose Peace? Critical Perspectives on the Political Economy of Peacebuilding. New Security Challenges Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230228740_15
Download citation
DOI: https://doi.org/10.1057/9780230228740_15
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-230-28561-3
Online ISBN: 978-0-230-22874-0
eBook Packages: Palgrave Political & Intern. Studies CollectionPolitical Science and International Studies (R0)