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A Critical History of Poverty Finance : Colonial Roots and Neoliberal Failures by Nick Bernards, Bernards is a nonfiction available to read on EtoBox.

What is A Critical History of Poverty Finance : Colonial Roots and Neoliberal Failures about?

Starting from the recent rise of much-hyped ‘fintech’ (financial technologies) solutions for development finance, which have been heralded by the World Bank/IMF/G20 etc as a silver bullet in the fight against poverty, this monograph provides a critical historical context of development finance from a post-colonial perspective. Whilst engaging with the specific weaknesses of the most recent trends of mobile technologies, microinsurance etc in ‘Digital Financial Inclusion’ efforts, author Nick Bernards explains how and why these suffer from the same shortcomings as previous iterations of neoliberal ‘financial inclusion’, namely that they all rely on and ultimately reinforce existing patters of inequality and uneven development, many of which date back to the first days of colonialism; and that they rely on artificially created markets that simply aren’t there among the world’s most disadvantaged economic actors. The critical assessment of fintech is certainly one selling point of this book, though its major original contribution lies in providing the broader backdrop of why this type of quintessentially neoliberal pipe dream of poverty alleviation cannot work and never has. Bernards

Who reads A Critical History of Poverty Finance : Colonial Roots and Neoliberal Failures?

Author

Nick Bernards, Bernards

Publisher

Pluto Press

Published

2022

Language

EN

ISBN

9780745344829

Category

nonfiction

Subjects

Business, Economics, Science