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Microenterprise development and microfinance have been widely adopted as anti-poverty strategies internationally. They are popular because they provide a meeting-point between neo-liberal advocates of private enterprise and the market as creators and distributors of resources, and grassroots practitioners’ focus on local agency and the on-the-ground problems of poverty. Thus, like the category ‘informal sector’ before it, microenterprise finance has become a "category for both the management of growth, and for the management of equity" (Peattie, 1987, p. 855). Now, migration and the significant economic transfers represented by migrant remittances are coming to the attention of international development policy-makers and researchers interested in poverty reduction (Adams and Page, 2003). This paper traces these international development trends, and reflects on both the potential and the dangers of current attention to migrant remittances as a source of anti-poverty development finance, given the blind spots and biases that have plagued earlier anti-poverty efforts.

Item Type:	Research Book Chapter
Research Division:	Studies in Human Society
Research Group:	Anthropology
Research Field:	Anthropology of Development
Objective Division:	Cultural Understanding
Objective Group:	Other Cultural Understanding
Objective Field:	Cultural Understanding not elsewhere classified
Author:	Eversole, R (Professor Robyn Eversole)
ID Code:	57343
Year Published:	2008
Deposited By:	Institute for Regional Development
Deposited On:	2009-07-10
Last Modified:	2013-03-28
Downloads:	6 View Download Statistics