Since 2014
The Economic Philosophy of Micro-Credit System
Journal of Economic and Social Thought
View Archive Info| Field | Value | |
| Title |
The Economic Philosophy of Micro-Credit System
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| Creator |
MISHRA, Sudhanshu K.; Avantika, Rohini Sector-1 Delhi – 110085 Retd. Professor, Dept. of economics North-Eastern Hill University, Shillong (India): 91 - 793022 |
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| Description |
Abstract. This paper aims at locating the practice of micro-credit system into a larger theoretical canvas of economic theory and philosophy. A systems theoretic approach has been adopted. Emergence of the ‘excluded’ class has been explained with the help of the theory of feedback. Individuals have been assumed to be myopic, local optimizer and bounded rational. In this context, the empirical experiences have been viewed and assessed as to their outcomes.Keywords. Micro-credit system, economic theory, philosophy, systems theory, self-organizing systems, feedback, exclusion.JEL. O16, G21, E11, D63, D78.
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| Publisher |
Journal of Economic and Social Thought
Journal of Economic and Social Thought |
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| Contributor |
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| Date |
2016-06-18
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://www.kspjournals.org/index.php/JEST/article/view/852
10.1453/jest.v3i2.852 |
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| Source |
Journal of Economic and Social Thought; Vol 3, No 2 (2016): June; 308-316
Journal of Economic and Social Thought; Vol 3, No 2 (2016): June; 308-316 2149-0422 |
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| Language |
eng
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| Relation |
http://www.kspjournals.org/index.php/JEST/article/view/852/918
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| Rights |
Copyright (c) 2016 Journal of Economic and Social Thought
http://creativecommons.org/licenses/by-nc/4.0 |
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