City Research Online

Abstract

Based on an interview with academic-activist Professor Anu Muhammad, this edited transcript illuminates the corporatization of nongovernmental organizations, with specific reference to perpetuating the negative effects of neoliberal microcredit practices in developing countries. It focuses upon how such corporatization is contributing to corruption and the weakened role of the state. The concept of poor-people-led cooperatives is proposed as an alternative as they are more congruent with actively maintaining cultural traditions, protecting social cohesion, and mobilizing collective community-level energy to alleviate misery and reduce poverty.

Publication Type:	Article
Additional Information:	Chowdhury, R. and Willmott, H. (2018). Microcredit, the corporatization of nongovernmental organizations, and academic activism: The example of Professor Anu Muhammad. Organization, Copyright © 2018 The Authors. Reprinted by permission of SAGE Publications.
Publisher Keywords:	Academic activism, development, inequality, microfinance/microcredit, nongovernmental organizations, poverty
Subjects:	H Social Sciences > HG Finance H Social Sciences > HN Social history and conditions. Social problems. Social reform
Departments:	Bayes Business School > Management
SWORD Depositor:	Symplectic Administrator

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