Credit and debt are practical concerns of all times and places. They are also increasingly important topics in economic history and the social sciences, from Marcel Mauss and the anthropology of the gift to the urgent quest for understanding of today's global credit crunch. This volume brings together eight essays on credit and debt in the history of Indonesia, where for centuries debt and debt bondage played central roles in the organization of society, and where efforts to combat 'usury' and free peasants from indebtedness were central to the ethical and nationalist movements of the late colonial period. Topics range from the inscriptions of ninth-century Java to the first global financial crisis in 1930, and from Islamic laws against the charging of interest to the role of Chinese temples and Dutch church charities as credit providers. The history of credit and debt in Indonesia is examined from a wide variety of perspectives - legal, institutional, and cultural as well as economic. Attention is paid to parallels and contrasts with more recent developments, including the Asian financial crisis of 1997 and Indonesia's rise to fame as a pioneer of the current global microfinance revolution.

The last twenty years have seen a transformation in the availability and use of credit among the less prosperous strata of Southeast Asian societies. Drawing on experiences from across the whole region, this book explores this important development, focusing especially on the modern or formal part of the microfinance sector.

The great majority of the population in colonial and postcolonial India lived in the countryside and were poor. Many were unable to find gainful work outside agriculture and remained dependent on a livelihood that provided only subsistence, and a precarious one. Seeking the roots of persistent poverty, Maanik Nath finds that the pervasive high cost and shortage of capital affected the peasant's ability to invest in land. The productivity of land, as a result, remained small and changed little. Bridging economic theory and historical evidence, Capital Shortage shows that climate, law, policy design, and interactions between these factors, perpetuated a stubborn cycle of low investment and widespread deprivation over several decades. These findings can be tested against credit and development in preceding and succeeding periods as well as positioned in comparative global context.

European markets almost exclusively relied on Caribbean sugar produced by slave labor until abolitionist campaigns began around 1800. Thereafter, importing Asian sugar and transferring plantation production to Asia became a serious option for the Western world. In this book, Ulbe Bosma details how the British and Dutch introduced the sugar plantation model in Asia and refashioned it over time. Although initial attempts by British planters in India failed, the Dutch colonial administration was far more successful in Java, where it introduced in 1830 a system of forced cultivation that tied local peasant production to industrial manufacturing. A century later, India adopted the Java model in combination with farmers' cooperatives rather than employing coercive measures. Cooperatives did not prevent industrial sugar production from exploiting small farmers and cane cutters, however, and Bosma finds that much of modern sugar production in Asia resembles the abuses of labor by the old plantation systems of the Caribbean.

This book explores how ​the sharing economy models present opportunities and also pose challenges in achieving sustainable development at the base of the pyramid. Through a 3S Framework (sharing, socialization, and social intermediation) and Reformative-Transformative classification, this book demonstrates how sharing economy models offer the potential for more inclusive and sustainable development. The book includes case studies on sharing economy models that offer products and services for free or at prices more affordable than traditional options, while also finding ways toward economic sustainability and inclusive growth. This book identifies how local resources, community social capital, and bricolage could be leveraged in the development of sharing economy models that take into account the specificities of particular communities while ensuring that the solutions can be quickly modified and replicated. Further, this book highlights that sharing economy models leverage the digital revolution to take advantage of cheaper computational capacity and global connectivity, while rapidly adapting to engage with those that have less digital literacy at the base of the pyramid. This edited book aims to present analyses of sharing economy models at the base of the pyramid, identifying characteristics that can be particularly important for sustainable development and barriers that would need to be overcome to realize its full potential. The chapters in this book are contributed by a wide range of academics and scholars who are experts in the field.

Answering the calls made to overcome methodological nationalism, this volume is the first examination of the links between corruption and imperial rule in the modern world. It does so through a set of original studies that examine the multi-layered nature of corruption in four different empires (Great Britain, Spain, the Netherlands and France) and their possessions in Asia, the Caribbean, Latin America and Africa. It offers a key read for scholars interested in the fields of corruption, colonialism/empire and global history. The chapters ‘Introduction: Corruption, Empire and Colonialism in the Modern Era: Towards a Global Perspective’, ‘“Corrupt and rapacious”: Colonial Spanish-American past through the eyes of early nineteenth century contemporaries. A contribution from the history of emotions’, and ‘Colonial Normativity? Corruption in the Dutch-Indonesian Relationship in the Nineteenth and Early-Twentieth Centuries’ are Open Access under a CC BY 4.0 license at link.springer.com.