The Real Relation between Microcredit and Development: a critical analysis of the international regulation of financial services

Authors

DOI:

https://doi.org/10.18836/2178-0587/ealr.v3n1p1-19

Keywords:

Reabilitação, Funcionalidade, Pacientes

Abstract

The current task is to identify the implications of introducing microcredit into the formal regulatory system. The present analysis outlines the problems associated with focusing entirely on a business model approach to microfinance rather than striving to achieve capital access for the poor - the supposed beneficiaries of such services. In order to remain loyal to the original principles of microfinance, and specifically microcredit, it is crucial to note the limitations of implementing a one-size-fits-all regulatory framework in the process of development.

Author Biography

  • Maria Luiza Kurban Jobim, University of Kent
    Graduada na Faculdade de Direito da Universidade Federal do Rio Grande do Sul (UFRGS), Porto Alegre, Brasil e formada no LLM em International Commercial Law na University of Kent, Canterbury, UK.

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Published

2012-06-21

Issue

Vol. 3 No. 1 (2012): Economic Analysis of Law Review

Section

Papers

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