Articles authored by Rogaly, Ben

Research Roundup

This Note reports on research into differences in the contractual agreements made by workers and employers, offering insights into the working of markets (particularly for labour and credit) and, using case studies, showing the constraints on the free movement of rural workers because of indebtedness to employers. The researchers use socio-economic analysis frameworks and the author argues their use of local conceptualisations and their concentration on workers rather than employers makes their work more useful than conventional economic analysis.


This article challenges the recent uncritical enthusiasm for the potential of micro-finance institutions to reduce poverty. It is argued that, although understanding about how to design anti-poverty financial intermediation has improved, the current campaign to increase resource allocation in this sector may undermine the very sustainability that is being sought. Further, studies of the impact of micro-enterprise credit suggest that it is not necessarily beneficial to very poor people.
Full-text sample article FREE from Taylor & Francis. Proyecto Tequisquiapan (PT) provides protective microfinance services in a small region of rural Mexico, including, importantly, open access deposit facilities. The authors report on new research which examined PT's record in enabling people with different degrees of vulnerability to build assets and protect themselves from both sudden shocks and more predictable demands for lump sums of cash. PT was found to be relatively more useful for the most vulnerable households.


The author replies to Hasan Zaman's comments (in the same issue of the journal) about micro-credit organisations.