Microfinance, Rights and Global Justice


Book Description

Microfinance - the practice of providing small loans to promote entrepreneurial activity among those with few financial assets - is increasingly seen as a sustainable means of aiding the global poor. Perhaps its most influential advocate, Nobel Laureate Muhammad Yunus, has claimed that there is a human right to microfinance, given its potential for poverty alleviation. This book directs critical philosophical attention at this very widely used and praised poverty-reducing measure. In chapters that discuss microfinance schemes and models around the world, internationally renowned contributors address important questions about both the positive impact of microfinance and cases of exploitation and repayment pressure. Exploring how far microfinance can or should be situated within broader concerns about justice, this volume sheds light on ethical issues that have so far received little systematic attention, and it advances discussion on new human rights, exploitation, and global justice.




Deparochialising Global Justice


Book Description

This book offers a deparochial account of global justice and addresses disenchantment stemming from its West-centricity and provincial theoretical formulations. As the recurring global poverty debate restricts the duties of alleviating poverty and inequality to the developed world, this book attempts to broaden the spectrum of duties to the superrich of the developing world. Drawing from the case study of India's superrich as an exemplar of the potent agency of rising powers, the book examines the structural relationship between unbridled affluence and the (un)realisation of the human rights of the poor. It contends that India's superrich, like their counterparts in other powerful developing countries, both contribute as well as benefit from the highly decentralised global economic order that (re)produces affluence of the few and deprivation of the many within these countries. In doing so, this book argues that the superrich have a positive duty to alleviate poverty and reduce inequality beyond their free-standing moral responsibility for philanthropy.




Microfinance, Rights and Global Justice


Book Description

Contributors examine the ethical issues surrounding microfinance, including questions about exploitation, human rights, and efforts to promote global justice.




Can Microfinance Work?


Book Description

Can Microfinance Work? presents a thorough-going and nuanced ethical assessment of the microfinance industry, drawing on the author's expertise in the fields of finance and applied ethics. That comprehensive analysis is then used to ground concrete policy proposals, some quite radical, to improve both microfinance's ethical balance and its overall effectiveness.




Law and Sustainable Development After COVID-19


Book Description

This book considers the impact of the COVID-19 pandemic on the realisation of the United Nations’ Sustainable Development Goals. Although efforts towards the attainment of the Sustainable Development Goals are ongoing, the COVID-19 pandemic has had a significant impact on these efforts: accentuating inequities, as well as absorbing resources. This book addresses this impact, as it takes up the question of how to ensure global recovery – in line with the target for the Sustainable Development Goals – after the pandemic. Adopting an interdisciplinary approach, but focusing particularly on the role of law and legal frameworks in this recovery, the book considers the effect of the pandemic on key industries such as shipping, insurance, manufacturing, and banking, as well as on the role of the State and non-State actors. Pursuing an explicitly Global South perspective, the book maintains that in the post-COVID era it is the elaboration a rule of law framework that is in sync with both the Global North and South that is crucial if the Sustainable Development Goals are to be achieved. This book will be of value to scholars, students and policymakers working in the general area of law and development, but especially those with specific interests in the United Nations’ Sustainable Development Goals.




Handbook of Microfinance, Financial Inclusion and Development


Book Description

This timely Handbook collates a range of evidence from top scholars in the field to help readers understand who microfinance reaches, how it helps, and why clients come back. It offers updated views on important concepts that enable a broader framework for understanding poverty and the corresponding financial needs of poor households.




Escalation Management in International Crises


Book Description

Based on cutting-edge research by an interdisciplinary team of academics and policy analysts, this insightful and timely book considers the role of great power competition in what has come to be known as gray zone conflict. Taking the 2022 Russian invasion of Ukraine as a backdrop for some of its critical evaluation, it also examines US and NATO approaches to the management of escalation in asymmetric conflicts, and proposes innovative tools for managing crises in the future.




Ethical Issues in Poverty Alleviation


Book Description

This book explores the philosophical, and in particular ethical, issues concerning the conceptualization, design and implementation of poverty alleviation measures from the local to the global level. It connects these topics with the ongoing debates on social and global justice, and asks what an ethical or normative philosophical perspective can add to the economic, political, and other social science approaches that dominate the main debates on poverty alleviation. Divided into four sections, the volume examines four areas of concern: the relation between human rights and poverty alleviation, the connection between development and poverty alleviation, poverty within affluent countries, and obligations of individuals in regard to global poverty. An impressive collection of essays by an international group of scholars on one of the most fundamental issues of our age. The authors consider crucial aspects of poverty alleviation: the role of human rights; the connection between development aid and the alleviation of poverty; how to think about poverty within affluent countries (particularly in Europe); and individual versus collective obligations to act to reduce poverty. Judith Lichtenberg Department of Philosophy Georgetown University This collection of essays is most welcome addition to the burgeoning treatments of poverty and inequality. What is most novel about this volume is its sustained and informed attention to the explicitly ethical aspects of poverty and poverty alleviation. What are the ethical merits and demerits of income poverty, multidimensional-capability poverty, and poverty as nonrecognition? How important is poverty alleviation in comparison to environmental protection and cultural preservation? Who or what should be agents responsible for reducing poverty? The editors concede that their volume is not the last word on these matters. But, these essays, eschewing value neutrality and a retreat into technical mastery, challenge us to find fresh and reasonable answers to these urgent questions. David A. Crocker School of Public Policy University of Maryland




A War on Global Poverty


Book Description

A history of US involvement in late twentieth-century campaigns against global poverty and how they came to focus on women A War on Global Poverty provides a fresh account of US involvement in campaigns to end global poverty in the 1970s and 1980s. From the decline of modernization programs to the rise of microcredit, Joanne Meyerowitz looks beyond familiar histories of development and explains why antipoverty programs increasingly focused on women as the deserving poor. When the United States joined the war on global poverty, economists, policymakers, and activists asked how to change a world in which millions lived in need. Moved to the left by socialists, social democrats, and religious humanists, they rejected the notion that economic growth would trickle down to the poor, and they proposed programs to redress inequities between and within nations. In an emerging “women in development” movement, they positioned women as economic actors who could help lift families and nations out of destitution. In the more conservative 1980s, the war on global poverty turned decisively toward market-based projects in the private sector. Development experts and antipoverty advocates recast women as entrepreneurs and imagined microcredit—with its tiny loans—as a grassroots solution. Meyerowitz shows that at the very moment when the overextension of credit left poorer nations bankrupt, loans to impoverished women came to replace more ambitious proposals that aimed at redistribution. Based on a wealth of sources, A War on Global Poverty looks at a critical transformation in antipoverty efforts in the late twentieth century and points to its legacies today.




Global Justice and Recognition Theory


Book Description

In the light of intense international focus on ongoing forms of world poverty, this book examines the potential of the concept of recognition in contemporary political philosophy to respond morally to this dire condition. This book uses recognition theories to develop a two-tiered response to the problem of global poverty. First, it highlights non-degradation, non-humiliation and the avoidance of social suffering as essential components to the agency of the very poor. This runs counter to liberal arguments that focus only on the deficit of basic material interests. Second, even if universal conditions of agency are met, many of the world’s extreme poor may still suffer domination. The book argues that empowering the world’s poor to resist domination is an essential response to global poverty. By conceiving poverty in terms of agency and empowerment, this book highlights the transnational relevance of recognition theory to one of the most crucial problems affecting a rapidly globalising world. Global Justice and Recognition Theory will be of interest to scholars and advanced students working in social and political philosophy, political theory, and global justice.