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Microfinance as a component of sustainable economic development in Asia

Gow, Kathryn M. (2001) Microfinance as a component of sustainable economic development in Asia. In Shanableh, A. & Chang, W.P. (Eds.) Towards Sustainability in the Built Environment, 2001, Brisbane, Australia.

Abstract

Microfinance is now a buzzword in international aid circles. It is mooted as the panacea for sustainable development in very poor countries and has been successfully implemented in over 40 countries in the world with many different kinds of schemes being managed in Asia. Whether or not microfinance is sustainable without initial aid, ongoing sponsorship for establishment and training costs is debatable. Howver, the improvement of the lives of very poor families in bangladesk has been hailed as an outcome (in part) of the successful access to credit schemes of the Grameen bank. This paper outlines the fundamental issues about the role of microfinance in sustainable economic development in Asian economies.

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ID Code: 221
Item Type: Conference Paper
Keywords: Microfiance, Asia, Grameen Bank, Sustainable Economic Development, Microcredit, poor rural women
ISBN: 1864354895
Subjects: Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > APPLIED ECONOMICS (140200) > Economic Development and Growth (140202)
Divisions: Current > QUT Faculties and Divisions > Faculty of Health
Copyright Owner: Copyright 2001 (please consult author)
Deposited On: 17 Jun 2004
Last Modified: 09 Jun 2010 22:21

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