A Critical History of Poverty Finance: Colonial Roots and Neoliberal Failures by

Description: FREE SHIPPING UK WIDE A Critical History of Poverty Finance by Nick Bernards A comprehensive historical tracing of how the contemporary finance-poverty-development nexus emerged FORMAT Paperback CONDITION Brand New Publisher Description The definitive account of the history of poverty finance - Susanne SoederbergFinance, mobile and digital technologies - or fintech - are being heralded in the world of development by the likes of the IMF and World Bank as a silver bullet in the fight against poverty. But should we believe the hype? A Critical History of Poverty Finance demonstrates how newfangled digital financial inclusion efforts suffer from the same essential flaws as earlier iterations of neoliberal financial inclusion. Relying on artificially created markets that simply arent there among the worlds most disadvantaged economic actors, they also reinforce existing patterns of inequality and uneven development, many of which date back to the colonial era.Bernards offers an astute analysis of the current fintech fad, contextualised through a detailed colonial history of development finance, that ultimately reveals the neoliberal vision of poverty alleviation for the pipe dream it is. Author Biography Nick Bernards is Associate Professor of Global Sustainable Development at the University of Warwick. He is the author of A Critical History of Poverty Finance: Colonial Roots and Neoliberal Failures and The Global Governance of Precarity: Primitive Accumulation and the Politics of Irregular Work. Table of Contents Acknowledgements Acronyms Introduction Part I. Poverty finance and the antinomies of colonialism1. A colonial problem 2. Poverty finance and nascent neoliberalism 3. Structural adjustment, backlash, and the turn to the local: Explaining the rise of microfinance Part II. Making markets for poverty finance4. Commercialising community: Experiments with marketisation 5. From microcredit to financial inclusion Part III. Innovation to the rescue?6. The forever-latent demand for microinsurance 7. Fintech and its limits Conclusion Notes Bibliography Index Review Nick Bernards has crafted the definitive account of the history of poverty finance, skilfully revealing its entanglements with the uneven development of capitalism -- Susanne Soederberg, Professor of Global Political Economy at Queens University, CanadaIn this outstanding history of poverty finance, Nick Bernards show that financial exclusion persists not because of a lack of design or fancy technology but because the problem of uneven development is persistent and structural -- Andrew Leyshon, Emeritus Professor of Economic Geography at the University of NottinghamA much-needed book that should be read by anyone interested in the expansion of finance into everyday life. Rich with empirical details and comprehensive in its theoretical engagement with the interrelationship between finance and social justice, it throws into sharp relief how impoverished the conception of poverty reduction is when it relies on financial inclusion to improve welfare of people -- Johnna Montgomerie, Professor of International Political Economy at Kings College LondonIn this exemplary study, Nick Bernards shows why so many were seduced into wrongly believing that poverty finance might be the key to eradicating global poverty. In fact, its deployment was about advancing the narrow enrichment priorities of the powerful. A major contribution in the study of the politics of finance -- Milford Bateman, author of Why Doesnt Microfinance Work? The Destructive Rise of Local Neoliberalism Long Description The definitive account of the history of poverty finance - Susanne Soederberg Finance, mobile and digital technologies - or fintech - are being heralded in the world of development by the likes of the IMF and World Bank as a silver bullet in the fight against poverty. But should we believe the hype? A Critical History of Poverty Finance demonstrates how newfangled digital financial inclusion efforts suffer from the same essential flaws as earlier iterations of neoliberal financial inclusion. Relying on artificially created markets that simply arent there among the worlds most disadvantaged economic actors, they also reinforce existing patterns of inequality and uneven development, many of which date back to the colonial era. Bernards offers an astute analysis of the current fintech fad, contextualised through a detailed colonial history of development finance, that ultimately reveals the neoliberal vision of poverty alleviation for the pipe dream it is. Review Quote Nick Bernards has crafted the definitive account of the history of poverty finance, skilfully revealing its entanglements with the uneven development of capitalism Susanne Soederberg, Professor of Global Political Economy at Queens University, Canada Details ISBN0745344828 Author Nick Bernards Pages 240 Publisher Pluto Press Year 2022 ISBN-10 0745344828 ISBN-13 9780745344829 Publication Date 2022-08-20 UK Release Date 2022-08-20 Format Paperback Imprint Pluto Press Place of Publication London Country of Publication United Kingdom Illustrations 5 Tables, unspecified AU Release Date 2022-08-20 NZ Release Date 2022-08-20 Subtitle Colonial Roots and Neoliberal Failures Alternative 9780745344836 DEWEY 339.46 Audience Professional & Vocational We've got this At The Nile, if you're looking for it, we've got it. 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