Critical History of Poverty Finance

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A01=Nick Bernards
Africa
Author_Nick Bernards
Category=GTP
Category=JBFC
Category=JPSN
Category=KCL
Category=KCP
Category=KCSA
Category=KFF
Critical Development Studies
Development Studies
Digital Technologies
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
Fight against poverty
Financial Technologies
Fintech
G20
IMF
Microfinance
Microinsurance
Poverty Alleviation
World Bank

Product details

  • ISBN 9780745344829
  • Weight: 250g
  • Dimensions: 135 x 215mm
  • Publication Date: 20 Aug 2022
  • Publisher: Pluto Press
  • Publication City/Country: GB
  • Product Form: Paperback
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'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 aren’t there among the world's 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.

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.

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