The Credit Revolution: An Institutional and Historical Glance at Microcredit as a Culmination in Economic Theory
Year: 2025
Type: article
Abstract: Microcredit is one of the newest and most alluring topics in the world of economic development theory and alleviation. However, its results are mixed, proving to offer less benefits that proponents promised, but not being as catastrophic as opponents promised. In understanding the institutional internal structure of microcredit and its place within a historical context, onlookers can identify both how microcredit theoretically accomplishes its goals of absolute poverty alleviation and its place among development theory to narrow the scope of ignorance we are operating from.
Source: The Boller Review
Author: Caleb Shaw
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4409485126