Social Capital, Microfinance, and the Politics of Development
AbstractPolicy makers increasingly rely on theories of social capital to fashion development interventions that mobilize local social networks in the alleviation of poverty. The potential of such theory lies in its recognition of the social dimensions of economic growth. This recognition has inspired some innovative approaches to development, such as the now-popular microfinance model. In assessing the implications of these recent developments for feminist objectives of social transformation, this paper evaluates prevailing ideas about social capital (rooted in rational choice theory) against the grain of three alternative approaches: Marxian social capital theories ( A la Pierre Bourdieu), neo-Foucauldian governmentality studies, and my feminist ethnographic research on the social embeddedness of economic practice in a merchant community of Nepal. The paper concludes by bringing these critical insights to bear on possibilities for designing microfinance programs - and practicing a kind of development more generally - that could engage women's solidarity to challenge dominant gender ideologies.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Taylor and Francis Journals in its journal Feminist Economics.
Volume (Year): 8 (2002)
Issue (Month): 1 ()
Contact details of provider:
Web page: http://taylorandfrancis.metapress.com/link.asp?target=journal&id=101482
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Morduch, J., 1998.
"The Microfinance Schism,"
626, Harvard - Institute for International Development.
- Rahman, Aminur, 1999. "Micro-credit initiatives for equitable and sustainable development: Who pays?," World Development, Elsevier, vol. 27(1), pages 67-82, January.
- Goetz, Anne Marie & Gupta, Rina Sen, 1996. "Who takes the credit? Gender, power, and control over loan use in rural credit programs in Bangladesh," World Development, Elsevier, vol. 24(1), pages 45-63, January.
- Togba, Edith Leadaut, 2012. "Microfinance and households access to credit: Evidence from Côte d’Ivoire," Structural Change and Economic Dynamics, Elsevier, vol. 23(4), pages 473-486.
- Rao, Smriti, 2008. "Reforms with a Female Face: Gender, Liberalization, and Economic Policy in Andhra Pradesh, India," World Development, Elsevier, vol. 36(7), pages 1213-1232, July.
- D'Espallier, Bert & Guérin, Isabelle & Mersland, Roy, 2009.
"Women and repayment in microfinance,"
Open Access publications from Katholieke Universiteit Leuven
urn:hdl:123456789/388366, Katholieke Universiteit Leuven.
- D'Espallier, Bert & Guérin, Isabelle & Mersland, Roy, 2009. "Women and repayment in microfinance," Open Access publications from Katholieke Universiteit Leuven urn:hdl:123456789/388256, Katholieke Universiteit Leuven.
- D'Espallier, Bert & Guérin, Isabelle & Mersland, Roy, 2009. "Gender bias in microfinance," Open Access publications from Katholieke Universiteit Leuven urn:hdl:123456789/388275, Katholieke Universiteit Leuven.
- Tausch, Arno & Heshmati, Almas, 2011.
"Migration, Openness and the Global Preconditions of 'Smart Development',"
IZA Discussion Papers
6169, Institute for the Study of Labor (IZA).
- Arno Tausch & Almas Heshmati, 2012. "Migration, Openness and the Global Preconditions of "Smart Development"," Bogazici Journal of Economics and Administrative Sciences, Bogazici University, Department of Economics, vol. 26(2), pages 1-62.
- Beard, Victoria A., 2007. "Household Contributions to Community Development in Indonesia," World Development, Elsevier, vol. 35(4), pages 607-625, April.
- Stuart, Guy, 2006. "Caste Embeddedness and Microfinance: Savings and Credit Cooperatives in Andhra Pradesh, India," Working Paper Series rwp06-037, Harvard University, John F. Kennedy School of Government.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.