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Banking on Small Business: Microfinance in Contemporary Russia

by Gail Buyske

~~RM161.00 MYR~~ Now RM98.00 MYR Save 39%

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One Line Summary of the Book

Microfinance insights in post-Soviet Russian economy.

Who is this book for?

If you have an interest in both emerging markets and the potent tool of microfinance, "Banking on Small Business" is a revealing read. It skillfully intertwines the trajectory of Russian entrepreneurship with the mechanics and expansion of microfinance in a transforming economy. For students of economic development or advocates of grassroots financial empowerment, Gail Buyske offers a unique and informative perspective on the subject.

A Note On Book Covers

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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Banking on Small Business: Microfinance in Contemporary Russia

Name: Banking on Small Business: Microfinance in Contemporary Russia
Price: 109.0 MYR
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Rating: 3.0 (1 reviews)
ISBN: 9780801445781

by Gail Buyske

~~RM161.00 MYR~~ Now RM98.00 MYR Save 39%

Unit price: per

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ISBN: 9780801445781

Authors: Gail Buyske

Publisher: Cornell University Press

Date of Publication: 2007-08-15

Format: Hardcover

Related Collections: Business, History, Economics, Politics

Related Topics: Finance, Entrepreneurship, Management, Finance, Society, Microhistory, Politics, World History

Goodreads rating: 3.0

(rated by 1 readers)

Description

How do you prime the well of economic growth? First, put a negligible amount of money into exactly the right hands. Then, step back. A vibrant and rapidly expanding national economy needs an active small business sector, but small entrepreneurs need loans to expand their businesses. Microfinance also has potential to be an engine of economic growth, although this prospect has been overshadowed by its image as a tool for alleviating poverty. In Banking on Small Business, Gail Buyske analyzes three themes in the global growth of microfinance, banking sector development, and Russian entrepreneurship. These three themes intersect at KMB, the Russian Small Business Bank, where Buyske chaired the board of directors for six years. This book is in part an account of KMB's role in initiating great changes through a series of apparently small actions. In reviewing Russian entrepreneurship and banking since the advent of perestroika in the mid-1990s, Buyske stresses that Russian entrepreneurship is more dynamic than usually perceived and that the historic lack of small-business and start-up finance was largely owing to the practices of the Russian banking sector rather than to any failing on the part of Russian entrepreneurs. Buyske's conclusions have important implications for policy worldwide; she is confident that a broad understanding of microfinance as a profitable, rather than a charitable, endeavor will contribute to the commercial involvement needed to maximize global microfinance growth.

One Line Summary of the Book

Microfinance insights in post-Soviet Russian economy.

Who is this book for?

A Note On Book Covers

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.