Poverty and Globalization Study: Cases Bolivia and Nicaragua
A look at the relationship between poverty and globalization
These International Network of Alternative Financial Institutions (INAFI) case studies aim to investigate the following topics:
- Poverty and globalization;
- Systematization of experiences of the affiliated regions, which include Latin America, Africa, Asia and a sub-region in Eastern Europe.
The investigations aim to describe:
- Microfinance programs that aim to alleviate poverty in these countries;
- The causes that originate poverty in each country and the causes of the economic crisis affecting the countries in these regions;
- The effects of globalization on the microfinance sector.
The document begins by presenting the general framework of poverty in Latin America. The case studies of Bolivia and Nicaragua examine:
- Poverty, globalization, adjustment and structural reforms;
- The micro-company as an answer to the crisis and poverty in the country;
- The development of microfinance in the two countries.
The case studies conclude by describing the following microfinancial necessities in the time of globalization:
- Promoting employment;
- Fighting against poverty and exclusion;
- Achieving depth and sustainability in rural finance;
- Helping the process of integration through the entailment of different organizations;
- Financial development of markets and products;
- Technology and efficiency;
- Development of an appropriate regulatory frame.
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