In the newest policy brief, our colleague, Professor Maryann Bylander extends our understanding of the potential harms of microcredit. Drawing on her extensive research in Cambodia, she argues that microcredit can compel unwanted migration. The combination of indebtedness and migration can exacerbate individuals’ vulnerability, causing them to move into potentially exploitative work. She recommends that policy makers take steps not only to understand better the scope of migration resulting from over-indebtedness but also to regulate the sector further in an effort to curb predatory forms of lending and debt collection.
This brief is available under the policy brief tab on this website or by clicking HERE.