---
product_id: 22935411
title: "Why Doesn't Microfinance Work?: The Destructive Rise of Local Neoliberalism"
brand: "zed books"
price: "1022 DH"
currency: MAD
in_stock: true
reviews_count: 6
category: "Book"
url: https://www.desertcart.ma/products/22935411-why-doesnt-microfinance-work-the-destructive-rise-of-local-neoliberalism
store_origin: MA
region: Morocco
---

# Why Doesn't Microfinance Work?: The Destructive Rise of Local Neoliberalism

**Brand:** zed books
**Price:** 1022 DH
**Availability:** ✅ In Stock

## Quick Answers

- **What is this?** Why Doesn't Microfinance Work?: The Destructive Rise of Local Neoliberalism by zed books
- **How much does it cost?** 1022 DH with free shipping
- **Is it available?** Yes, in stock and ready to ship
- **Where can I buy it?** [www.desertcart.ma](https://www.desertcart.ma/products/22935411-why-doesnt-microfinance-work-the-destructive-rise-of-local-neoliberalism)

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- zed books enthusiasts

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## Description

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## Customer Reviews

### ⭐⭐⭐ 







  
  
    Three Stars
  

*by J***E on Reviewed in the United States on September 1, 2016*

It's too socialistic and repetative, although his ideas are currently fanishable

### ⭐⭐⭐⭐⭐ 







  
  
    Courageous, well written, and informative
  

*by E***H on Reviewed in the United States on December 29, 2010*

It is refreshing to see that there are still writers and publishing companies out there that are willing to challenge fashionable trends. Microfinance as a model for economic development has become very fashionable, particularly among Western developed nations. This is, in part, because it was held to be a kind of "pull yourself up by your bootstraps" model of economic development in poor countries. This means reducing government subsidies and letting the market take care of things--a key economic principle in free-market, neoliberal ideology. Milford Bateman does an excellent job of demonstrating how the core mission of microfinance institutions (MFIs) shifted from poverty reduction to profit maximization as part of the neoliberal movement in the banking industry starting in the 1990s. As we have seen from the Mexican peso crisis, the East Asian crisis, and the Russian Ruble crisis in the late 1990s and the banking crisis of 2008, the results of neoliberal financial market deregulation have been disastrous. Microfinance is no exception. Bateman's book is accessible, informative and an crucial resource for anyone interested in microfinance or economic development. Highly recommended.

### ⭐⭐⭐ 







  
  
    Weak empirical support
  

*by M***N on Reviewed in the United States on October 1, 2010*

This book has a weak empirical basis for its attack on microfinance. A more recent text by Lamia Karim does a much better job of demonstrating the reasons microfinance, particularly in Bangladesh, has not lived up to expectations.

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*Product available on Desertcart Morocco*
*Store origin: MA*
*Last updated: 2026-01-31*