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The Micro Debt

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Abstract
For decades, experts have hailed microcredit as the paramount solution to global poverty. But there is a lesser-known version of that story in which Grameen Bank founder Mohammad Yunus and other promoters of miniaturized finance appear to serve mostly their own interests. Bringing to light a range of potentially unethical practices and policies, this program explores the microcredit system that has been implemented across much of the developing world. Using examples in both Bangladesh and Mexico, the film assesses the financial wellbeing of several borrowers; reports on suicides resulting from massive personal debt; questions whether or not celebrity advocates like Bono or the Clintons truly understand the impact of microcredit programs; and examines the future viability of the microfinance community. Interviews feature respected economists Milford Bateman, Thomas Dichter, Ha-Joon Chang, and many others.
Collection
Films Media Group
Subject
Microfinance, Microfinance -- Bangladesh, Debt -- Developing countries, Poverty -- Developing countries, Small business -- Developing countries -- Finance, Small business -- Bangladesh, Economic development, Grameen Bank, Yunus, Muhammad, -- 1940-
Contributors
Heinemann, Tom (director), Heinemann, Tom (writer), Heinemann, Tom (producer), Bateson, David (narrator), Ostenfeld, Niels (editor), Fleischer, Henrik (editor), la Cour, Lotta (composer), Heinemann medier (Firm) (producer), Films for the Humanities & Sciences (Firm) (distributor)
Duration
00:57:06 (HH:MM:SS)
Language:
English
Target or Intended Audience
adult/continuing education, higher education, high school (grades 10-12), college
Copyright Holder
Name Films Media Group (Firm)
Rolepublisher
Telephone800-257-5126
Address200 Metro Blvd., Suite 124, Hamilton, NJ 08619
Email[email protected]
Copyright Date
2011-01-01
Rights Declaration:
This video is protected by copyright. You are free to view it but not download or remix it. Please contact the licensing institution for further information about how you may use this video.
Persistent/Share URL
https://54098.surd9.group/show.php?pid=njcore:30887
Basic LTI parameter
pid=njcore:30887
PID
njcore:30887
Metadata
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