Micro-Credits
- Date: 2007-01-27 - Word Count: 349
Share This!
Philosophy of Economics is concerned with the investigation of rational choice, appraisal of economic outcomes, institutions and processes, ontology of economic phenomena and the possibilities of gathering knowledge of them.
As these investigations may overlap each other, philosophy of economics pointed into three basic subject matters as branches of action theory, ethics (normative social and political philosophy) and philosophy of science. Economic theories of Rationality, Welfare, and Social Choice are based on substantial philosophical Theses. All the relevant philosophical literature and evidences are outcome of those interested in action theory, philosophical psychology, and social and political philosophy with objectives of social phenomena.
Micro-credit is a popular tropics among the under developing countries. Governments, non-governmental Organizations, donors and development partners are also emphasizing on Micro-credit. As a result most of the so--called "Non Profit Nongovernmental Organizations" are driven in the Micro--credit Market and making illegal Profit. In the name of Development, what's really going on? This is the proper time to check back Micro--credit. Otherwise an ill financial transaction can break down the socio-economic backbone of a nation.
In present days Micro--credit is defined as small finance to the poor people to eliminate poverty and upgrade their livelihood. In the process, the word Micro--credit or small finance has been imputed to mean everything to everybody. No one now gets shocked if somebody uses the term "Micro--credit " to mean agricultural credit, or rural credit, or cooperative credit, or consumer credit, credit from the savings and loan associations, or from credit unions, or from money lenders.
There are three types of micro--credit: informal micro-credit (such as, moneylender's credit, pawn shops, loans from friends and relatives, consumer credit in informal market and other informal groups); formal activity based micro--credit (through conventional or specialized banks such as, agricultural credit, livestock credit, fisheries credit, handloom credit Consumer credit, and other rural credit) and NGO-Cooperatives & Specialized Institute based Micro--credits.
The article was produced by the writer of masterpapers.com.
Sharon White is a 5-years experienced freelance writer and a senior manager of Term Papers writing services support team. Contact her to get argumentative research paper tips and analysis term paper tips.
As these investigations may overlap each other, philosophy of economics pointed into three basic subject matters as branches of action theory, ethics (normative social and political philosophy) and philosophy of science. Economic theories of Rationality, Welfare, and Social Choice are based on substantial philosophical Theses. All the relevant philosophical literature and evidences are outcome of those interested in action theory, philosophical psychology, and social and political philosophy with objectives of social phenomena.
Micro-credit is a popular tropics among the under developing countries. Governments, non-governmental Organizations, donors and development partners are also emphasizing on Micro-credit. As a result most of the so--called "Non Profit Nongovernmental Organizations" are driven in the Micro--credit Market and making illegal Profit. In the name of Development, what's really going on? This is the proper time to check back Micro--credit. Otherwise an ill financial transaction can break down the socio-economic backbone of a nation.
In present days Micro--credit is defined as small finance to the poor people to eliminate poverty and upgrade their livelihood. In the process, the word Micro--credit or small finance has been imputed to mean everything to everybody. No one now gets shocked if somebody uses the term "Micro--credit " to mean agricultural credit, or rural credit, or cooperative credit, or consumer credit, credit from the savings and loan associations, or from credit unions, or from money lenders.
There are three types of micro--credit: informal micro-credit (such as, moneylender's credit, pawn shops, loans from friends and relatives, consumer credit in informal market and other informal groups); formal activity based micro--credit (through conventional or specialized banks such as, agricultural credit, livestock credit, fisheries credit, handloom credit Consumer credit, and other rural credit) and NGO-Cooperatives & Specialized Institute based Micro--credits.
The article was produced by the writer of masterpapers.com.
Sharon White is a 5-years experienced freelance writer and a senior manager of Term Papers writing services support team. Contact her to get argumentative research paper tips and analysis term paper tips.
Related Tags: money, finance, market, lender, economics, ngo, microcredit
Your Article Search Directory : Find in Articles
Recent articles in this category:
- The Secrets to Getting Low Down Payment Car Insurance
Upon purchase of a new car, there is almost always a requirement to buy an auto insurance policy as - The Wisdom Behind Auto Insurance Comparison Quotes
No one in his right mind would not go for a good deal. In fact, everyone is out on their feet and ru - The Benefits of Auto Insurance Comparisons Florida
Insurance can be expensive. This is something everyone knows about especially in the sunny state of - Auto Insurance Florida: The No-Fault Policy
There are different kinds of car insurance offered by a wide range of providers today. Different sta - Finding the Cheapest Auto Insurance Companies
Everyone is asking and searching for the cheapest auto insurance companies available today. Consider - How do You Compare Private Health Insurance Cover in Australia?
Deciding what is the best and most affordable private health insurance cover can be easy if you take - How Payment Protection Insurance Was Mis-Sold
For over six years the issue of Payment Protection Insurance (PPI) and how it was mis-sold to custom - Finding Quotes For Auto Insurance Online
One of the many concerns when you are shopping for auto insurance is being able to get access to quo - How You Can Find the Best Auto Insurance Online
When it comes to renewing your car insurance you are going to quickly discover that there are a numb - Guidelines For Searching For Auto Insurance Online
The internet can be a great source of discounts and values related to auto insurance. However, many
Most viewed articles in this category:
- Trading Forex With Pivot Points
Forex Pivot Point Trading are used today by Forex Traders and are calculated on the previous days mo - Where To Search For Free Grants
Where do you look for free grants? The search must be thorough or it could be an exercise in futilit - The Connection Between High Blood Pressure and Salt
We are a society of Salt Addicts. It cannot be denied. When you look at the things we do and the pla - Tips For Avoiding HYIP Scams
Before knowing about HYIP Scams, refer to the functioning of HYIP or "High Yield Investment Programs - Getting Credit After Bankruptcy
Consumers do not have to live sans credit following a bankruptcy. By following certain steps consume - Tips For Choosing A Credit Card
Are you looking for that perfect credit card? If so, you may be confused about what exactly to look - Cheap Car Insurance For Teens Online
Many elements determine a car insurance policy. Car insurance companies look at the person's age, hi - What Exactly Is Free Grant Money?
You can apply for free grant money from various government agencies. But where exactly does this mon - Small Business Owners Marketing and Customer Service
Marketing can be time-consuming, but it doesn't have to be hugely expensive now, thanks to the Inter - Apply Online For A Credit Card - How To Choose A Card?
The best type of credit card for you will be dependant on how you intend to use the credit card. Are