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Microfinance at a Crossroads
Authors:Diego Lanzi
Institution:Department of Economics, University of Bologna, 2 Piazza Scaravilli, 40126, Bologna, Italy. E‐mail: diego.lanzi@unibo.it.
Abstract:In this essay, we summarize the main features of Yunus' economic thought and discuss whether it is possible to conclude, as seems straightforward according to Yunus (1997) , that microfinance is good for the poor and that it exemplifies a typical activity of social enterprise. To do this, we review some of the contents of the 2006 World Bank/Brookings Institution conference on microfinance as summarized by Barr et al. (2007) .
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