Bosnia’s post-war microcredit experiment: How to destroy an economy without even trying

October 3, 2011
Milford Bateman
Bosnia’s post-war microcredit experiment: How to destroy an economy without even trying

After nearly four years of bitter conflict, in 1995 the small Balkan country of Bosnia became the location for an experiment in the operation of a microcredit-driven post-war reconstruction and development program.
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Posted in Economy, Political Economy | 13 Comments »

Microcredit doesn’t work – it’s now official

September 20, 2011
Milford Bateman
Microcredit doesn’t work – it’s now official

The concept of microcredit — tiny microloans used to help establish or expand income-generating informal microenterprises — was for most of the last 30 years seen by the international development community to be the perfect self-help answer to poverty, unemployment and under-development.
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Posted in Economy | 31 Comments »

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