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Information and Communication Technology Based Microfinance Model and Catch Up Strategy: Latin America

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Industrial Policy and Sustainable Growth

Part of the book series: Sustainable Development ((SD))

Abstract

Information and Communication Technologies (hereinafter, ICTs) have contributed to transform developed and developing countries, regardless of their degree of economic development. Especially for developing countries, when combined with an adequate financial aid, ICTs contribute to serve as a catching up strategy to mainly benefit social groups situated in the middle of the pyramid (hereinafter, MoP). In this sense, and mainly due to sustainable foreign investment processes, higher social and economic sensibility on corporate social responsibility (hereinafter, CSR) strategies by local residents, attraction of foreign human capital, and higher political stability, many Latin American countries are having high economic growth rates combined with the creation of economic and social wealth in the continent. The objective of this chapter is to propose an ICT-based model combined with microfinance and CSR to mainly help the social groups situated in the MoP, so that they can achieve higher levels of sustainable development.

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Authors and Affiliations

  1. EGADE Business School, Tecnologico de Monterrey, Guadalajara, Mexico

    José Manuel Saiz-Alvarez

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  1. José Manuel Saiz-Alvarez
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Correspondence to José Manuel Saiz-Alvarez .

Editor information

Editors and Affiliations

  1. Istanbul Commerce University , İstanbul, Turkey

    Murat Yülek

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Saiz-Alvarez, J.M. (2017). Information and Communication Technology Based Microfinance Model and Catch Up Strategy: Latin America. In: Yülek, M. (eds) Industrial Policy and Sustainable Growth. Sustainable Development . Springer, Singapore. https://doi.org/10.1007/978-981-10-3964-5_21-1

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  • DOI: https://doi.org/10.1007/978-981-10-3964-5_21-1

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-10-3964-5

  • Online ISBN: 978-981-10-3964-5

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