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Microfinance and Poverty: Mahathir''s Failed Project in Malaysia


Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description

Dr. Mahathir, Father of Modern Malaysia, is a juggernaut in the modern history of Malaysia of which economic progress has been considered a showcase of socioeconomic development and the ability to increasingly bring about equitable distribution of income to its citizens, in an environment of high growth and general price stability, can only be matched by few countries. During the global recession of 1981-82, Dr. Mahathir assumed his leadership in the government. He managed to create an entrepreneurial revolution especially enhancing small business by providing easy microcredit in order to eradicate hardcore rural- urban poverty in Malaysia. Amanah Ikhtiar Malaysia (AIM) is that sort of institution which was welcomed by Dr. Mahathir''s government in 1987 as a full-fledged microfinance institution. This organization is the oldest replications in Asia with some Islamic adjustments of the Grameen Bank model that was initiated in 1983 by Nobel winner Dr. Yunus. However, the present study pregnant with empirical evidence suggests that poverty alleviation in Malaysia is not the outcome of microfinance scheme but of some other strategies articulated by far-sighted statesman Dr. Mahathir.

Product Specifications
SKU :COC69425
AuthorMohammad Ashraf
Number of Pages60
Publishing Year2011-02-01T00:00:00.000
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-08 00:00:00