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Microfinance et éthique

Author

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  • Reinhard H. Schmidt

Abstract

This paper argues that despite its moral crisis, microfinance is still today socially, economically and morally valuable, provided that it is done properly, which requires that it is based on a clear commercial orientation and avoids excessive commercialization. Finally it places the specific debate about competing approaches to microfinance in the context of the general philosophical debate about what can be considered as ethically valuable human conduct. Classification JEL: G21, O16, O17.

Suggested Citation

  • Reinhard H. Schmidt, 2013. "Microfinance et éthique," Revue d'économie financière, Association d'économie financière, vol. 0(4), pages 243-276.
    • Handle: RePEc:cai:refaef:ecofi_112_0243
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    Citations

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    Cited by:

    1. Célestin Mayoukou & Pierre-Bruno Ruffini -Edehn, 2016. "Multinational banking and microfinance an analysis based on the paradigm "OLI" revisited," Post-Print hal-02350116, HAL.

    More about this item

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

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