Does one size fit all in microfinance? New directions for academic research

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Contemporary Studies in Economic and Financial Analysis

ISSN: 1569-3759
Series editor(s): Professor Robert Thornton, Professor J. Richard Aronson

Subject Area: Economics

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Document Information:
Title:	Does one size fit all in microfinance? New directions for academic research
Author(s):	Joshua K. Ault, Andrew Spicer
Volume:	92 Editor(s): Todd A. Watkins, Karen Hicks ISBN: 978-1-84950-681-6 eISBN: 978-1-84950-682-3
Citation:	Joshua K. Ault, Andrew Spicer (2009), Does one size fit all in microfinance? New directions for academic research, in Todd A. Watkins, Karen Hicks (ed.) Moving Beyond Storytelling: Emerging Research in Microfinance (Contemporary Studies in Economic and Financial Analysis, Volume 92), Emerald Group Publishing Limited, pp.271-284
DOI:	10.1108/S1569-3759(2009)0000092012 (Permanent URL)
Publisher:	Emerald Group Publishing Limited
Article type:	Chapter Item
Extract:	We are confident that the Wal-Mart concept is “exportable.”…If Wal-Mart had been content to be just an Arkansas retailer in the early days, we probably would not be where we are today. State borders were not barriers, and people and ideas moved freely from one area to another…We believe the successful retailers of the future will be those that bring the best of each nation to today's consumer. We call it “global learning.” We are committed to being a successful global retailer and we believe the attributes that made us successful in the United States will also lead to success internationally.– David D. Glass, President and CEO, Wal-Mart Stores, Inc. (Govindarajan & Gupta, 2001)