Western University EconomicsWestern Social Science

Is The Bloom Off the Micro-Credit Rose?

JAN 14, 2011

Not so long ago, the micro-credit movement was the darling of the development world. It is in the news again, but in a less favorable light. The three pieces (one), (two), and (three) here report a variety of difficulties that have arisen in the operation of several micro-credit providers, including the famous Grameen Bank. So: what has changed?