Why Has Microfinance Been a Policy Success? Bangladesh and Beyond. ESRC Seminar - ‘Statecraft in the South: Public Policy Success in Developing Countries’, University of Manchester, May 20, 2005. David Hulme and Karen Moore. Institute for Development Policy and Management
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Why Has Microfinance Been a Policy Success?Bangladesh and Beyond
ESRC Seminar - ‘Statecraft in the South:
Public Policy Success in Developing Countries’,
University of Manchester, May 20, 2005.
David Hulme and Karen Moore
Institute for Development Policy and Management
School of Environment and Development
University of Manchester
Credit plus social programmes
Finance plus social programmes
Credit plus business-related services
Finance plus business-related services
GB = Grameen Bank; GS = Grameen Shikka
“We have received a lot of things from the international community, but we given the model of microcredit to the world”. - Prime Minister Begum Khaleda Zia
Microfinance comes of age as public policy in Bangladesh – PKSF
Policy innovation, design, specification
Learning and adaptation
Great Man, Great Men …
Great Little Women
With special reference to the Grameen Bank:
Why a success?
Supportive policy environment
Physical and social environment
Management within the political economy
Institutional process - learning
An overarching explanation?
Uphoff’s ‘social energy’
Agency of the poor