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Given the accelerating global popularity of the social enterprise concept as a response to the growing failings of neoliberal capitalism, there are increasing calls for deeper analysis of some of the leading social enterprises. One of the highest profile examples of a social enterprise is the...
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This paper looks at the financing of local economic development and what history says are the best models. It compares the success of more interventionist local financial models to more recent but unsuccessful neoliberal-inspired local financial models, such as microfinance
Persistent link: https://www.econbiz.de/10012996087
Although once universally lauded in international development community circles as a ‘magic bullet', in recent years the concept of microcredit has been increasingly recognised as having had a number of seriously adverse impacts in precisely those countries, regions and localities wherein it...
Persistent link: https://www.econbiz.de/10013039556
This paper examines the effectiveness of the Local Economic Development Agency (LEDA) model of institutional support for local economic development (LED), a model of LED that became very popular in the 1990's as the neoliberal political project began its global ascendancy. The paper draws upon...
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The last thirty years or so has seen the commercial or ‘new wave' microfinance model rise to dominate the local financial systems in both developing and transition countries alike. Initially inspired by the Grameen Bank model that emerged in Bangladesh in the 1970s, but later refined to more...
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