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

Joshua K. Ault and Andrew Spicer

A chapter in Moving Beyond Storytelling: Emerging Research in Microfinance, 2009, pp 271-284 from Emerald Group Publishing Limited

Abstract: 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)

Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:eme:csefzz:s1569-3759(2009)0000092012

DOI: 10.1108/S1569-3759(2009)0000092012

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