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Philanthropy And Enterprise In The British Credit Union Movement

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  • Paul A. Jones

Abstract

Through the 1990s hundreds of credit unions were established to serve indebted communities throughout Britain. These volunteer‐run financial co‐operatives did not meet growth expectations because of restrictive legislation, inadequate development models and well‐intentioned but unproductive state intervention. British credit unions are more successful when they develop as market‐oriented social enterprises able to build effective partnerships with banks, government and the private sector to serve low‐income communities.

Suggested Citation

  • Paul A. Jones, 2005. "Philanthropy And Enterprise In The British Credit Union Movement," Economic Affairs, Wiley Blackwell, vol. 25(2), pages 13-19, June.
    • Handle: RePEc:bla:ecaffa:v:25:y:2005:i:2:p:13-19
    DOI: 10.1111/j.1468-0270.2005.00545.x
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    References listed on IDEAS

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    1. Beatriz Marulanda & Jacques Trigo Loubière & Síncrito Cifuentes & Robert Peck Christen & Glenn D. Westley & Jeffrey Poyo & Lee Arbuckle & Carlos Heller & Christopher Baker & Alejandro Vargas Durán & D, 2000. "Safe Money: Building Effective Credit Unions in Latin America," IDB Publications (Books), Inter-American Development Bank, number 79523 edited by Glenn D. Westley & Brian Branch, February.
    2. repec:idb:brikps:79523 is not listed on IDEAS
    3. Donal G. McKillop & John O. S. Wilson, 2003. "Credit Unions in Britain: A Time for Change," Public Money & Management, Taylor & Francis Journals, vol. 23(2), pages 119-124, April.
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    Cited by:

    1. Saulo Cardoso Maia & Gideon Carvalho Benedicto & José Willer Prado & David Alastair Robb & Oscar Neto Almeida Bispo & Mozar José Brito, 2019. "Mapping the literature on credit unions: a bibliometric investigation grounded in Scopus and Web of Science," Scientometrics, Springer;Akadémiai Kiadó, vol. 120(3), pages 929-960, September.
    2. Nicholas Ryder, 2008. "Credit Union Legislative Frameworks in the United States of America and the United Kingdom – A Flexible Friend or a Step Towards the Dark Side?," Journal of Consumer Policy, Springer, vol. 31(2), pages 147-166, June.
    3. Lee, Bill & Carlisle, Liam, 2024. "Interpreting an escape from an eviction trap as a social account: A Gramscian reading of a credit union’s policies in support of social housing tenants," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 98(C).

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