Politicized Microfinance

Money, Power, and Violence in the Black Americas

Caroline Shenaz Hossein

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English

University of Toronto Press
23 June 2016

Development studies; Gender studies: women; Comparative politics; Finance

When Grameen Bank was awarded the Nobel Peace Prize in 2006, microfinance was lauded as an important contributor to the economic development of the Global South. However, political scandals, mission-drift, and excessive commercialization have tarnished this example of responsible or inclusive financial development. Politicized Microfinance insightfully discusses exclusion while providing a path towards redemption.

In this work, Caroline Shenaz Hossein explores the politics, histories and social prejudices that have shaped the legacy of microbanking in Grenada, Guyana, Haiti, Jamaica and Trinidad. Writing from a feminist perspective, Hossein's analysis is rooted in original qualitative data and offers multiple solutions that prioritize the needs of marginalized and historically oppressed people of African descent.

A must read for scholars of political economy, diaspora studies, social economy, women's studies, as well as development practitioners, Politicized Microfinancedeftly argues for microfinance to return to its origins as a political tool, fighting for those living in the margins.

By: Caroline Shenaz Hossein
Imprint: University of Toronto Press
Country of Publication: Canada
Dimensions: Height: 229mm, Width: 154mm, Spine: 14mm
Weight: 370g
ISBN: 9781442616240
ISBN 10: 1442616245
Pages: 240
Publication Date: 23 June 2016
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Paperback
Publisher's Status: Active

Caroline Shenaz Hossein is an associate professor of the Global Development and Political Economy at the University of Toronto Scarborough; Canada Research Chair, Tier 2 of Africana Development and Feminist Political Economy; and Founder of the Diverse Solidarity Economies (DISE) Collective.

Reviews for Politicized Microfinance: Money, Power, and Violence in the Black Americas

'Politicized Microfinance is a timely and empirically rich book. It will be of interest to readers interested in microfinance and alternative finance and in social economy and alternative economies more broadly.' -- Nick Bernards Antipode: A Radical Journal of Geography September 2016

Commended for <P>WGSRF Outstanding Scholarship Prize</P> 2018 (Canada)
Commended for WGSRF Outstanding Scholarship Prize 2018 (Canada)
Commended for WGSRF Outstanding Scholarship Prize Competition 2018 (Canada)
Joint winner of <P>W.E.B DuBois Distinguished Book Award</P> 2018 (United States)
Joint winner of W.E.B DuBois Distinguished Book Award 2018 (United States)
Short-listed for 2019 IAFFE Agarwal Book Prize 2018