In the late 1980s, Viet Nam initiated a programme of “economic renovation”, doi moi, to promote the transition from a centrally planned to a market-based economy. The key goals of the policy package were economic growth and social development, while the key means included decollectivization...

This book presents the findings of a five-year action research programme into how far poverty-oriented microfinance institutions (MFIs) in Africa, Asia, and Latin America are contributing to global poverty reduction, and how they can do so more effectively. Martin Greeley reviews evidence on...