Should Access to Credit be a Right?

Journal of Business Ethics 84 (1):17-28 (2009)
  Copy   BIBTEX


Discussion on financial ethics increasingly includes the problem of exclusion of the poorer segments of society from the financial system and access to credit. This paper explores the ethical dimensions surrounding the concept of a human right to credit. If access to credit is directly instrumental to economic development, poverty reduction and the improved welfare of all citizens, then one can proclaim, as Nobel Prize Laureate M. Yunus has done, that it is a moral necessity to establish credit as a right. Arguments both supporting and opposing the concept of a right to credit are presented. While there may be general agreement that access to financial services may provide a pathway out of poverty, granting a universal right could induce perverse effects such as overindebtedness. Bearing in mind the ultimate goal of proponents of this right as well as the potential harmful consequences, this paper offers a new perspective on the question of access to credit based on a goal-right system.



    Upload a copy of this work     Papers currently archived: 94,549

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

Is there a Human Right to Microfinance?Tom Sorell & Luis Cabrera - 2015 - In Tom Sorell & Luis Cabrera (eds.), Microfinance, Rights, and Global Justice. Cambridge University Press. pp. 27-46.
The Motives for Moral Credit.Grant Rozeboom - 2017 - Journal of Ethics and Social Philosophy 11 (3):1-30.
Charitable Matching and Moral Credit.Daniel Nolan - 2024 - Philosophy and Phenomenological Research 108 (3):687-696.
The Right to Credit.Marco Meyer - 2017 - Journal of Political Philosophy 26 (3):304-326.
Etyczne aspekty kredytu.Anna Lewicka-Strzałecka - 2010 - Annales. Ethics in Economic Life 13 (1):215-223.


Added to PP

64 (#249,799)

6 months
15 (#236,726)

Historical graph of downloads
How can I increase my downloads?