Microaccountability and biopolitics: Microfinance in a Sri Lankan village

Alawattage, Chandana and Graham, Cameron and Wickramasinghe, Danture,(UNSPECIFIED), Microaccountability and biopolitics: Microfinance in a Sri Lankan village. , Accounting, Organizations and Society, UNSPECIFIED

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Based on a micro-level study of microfinance, this paper explores how basic accounting technologies and interpersonal accountability are used to make lending to poor village women profitable and low risk. We argue that “microaccountability,” our term for the structuring and formalization of convivial relationships into a capillary system of accountability, must be recognized as a central tool of social governance under neoliberalism. Our field research in Sri Lanka allows us to analyse how microaccountability is employed by for-profit banks to create from poor villagers a legion of bankable individual entrepreneurs, trained to invigilate each other's savings and credit behaviours. Using the theoretical lens of biopolitics, we show how microaccountability enables the extension of the finance industry into untapped sectors of the global population.
Keywords : Microaccountability Biopolitics Microfinance Neoliberalism Sri Lanka, UNSPECIFIED
Journal or Publication Title: Accounting, Organizations and Society
Volume: 72
Item Type: Article
Subjects: Akuntansi
Depositing User: Users 8 not found.
Date Deposited: 27 Dec 2019 07:17
Last Modified: 27 Dec 2019 07:17
URI: https://repofeb.undip.ac.id/id/eprint/1069

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