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Cited by 13Microfinance and Financial InclusionIsland Studies and Pacific AffairsDevelopment, Ethics, and Society

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Indigenous wealth and development: micro‐credit schemes in Tonga

Horan, Jane C.·2002·Asia Pacific Viewpoint

Abstract

‘Women in Development’ aid–funded credit schemes in the Kingdom of Tonga were designated as ‘failures’ by the funders because the recipient groups of textile producers, who were meant to be engaging in commercial handicraft production as development, were instead making and seemingly ‘retaining’ textile koloa (indigenous wealth). It is my contention that rather than making low–valued, low–priced textiles for tourist consumption the women made koloa textiles for the Tongan ceremonial economy where a greater range of ideological, spiritual and material gains including cash were available to them. Even though the default rate on the loans was low, and the women were engaged in a Tongan notion of development known as fakalakalaka, the funders and the critics of the schemes were either unable to or would not recognise development taking place, so driven by macroeconomic indices were their criteria and assessment. This paper looks at the implications of this disjuncture and the funders’ lack of understanding (and/or rejection) of indigenous global economic systems and hybrid notions of development inherent in the women textile producers’ actions. It explores a contemporary reality where indigenous wealth is thriving in the global economy, contributes to the literature on hybrid economic systems and challenges macroeconomically driven development policy in the Pacific.

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Crossref · 10.1111/1467-8373.00165

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Metadata

Authors
Horan, J. C.
Affiliations
University of Auckland (NZ)
Corresponding author
Horan, Jane C.
Venue
Asia Pacific Viewpoint
Publisher
Wiley
Published
2002-08
Volume
43
Issue
2
Pages
205-221
ISSN
  • 0030-8978 (ISSN-L)
  • 1360-7456
  • 1467-8373
OpenAlex
W2114416864
Cited by
13
References
0
Citations by year
2022: 1 · 2020: 1 · 2017: 1 · 2015: 2 · 2012: 2
FWCI
1.63
Type
journal article
Language
en
Open access
closed
Locations
Asia Pacific Viewpoint (publishedVersion)
Topics
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Microfinance and Financial Inclusion
  • Social Sciences › Geography, Planning and Development › Island Studies and Pacific Affairs
  • Social Sciences › Development › Development, Ethics, and Society
Keywords
microcredit, women in development, development policy, textile crafts, macroeconomic indicators

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