JOURNAL OF APPLIED BUSINESS AND ECONOMICS
Lending Money, Generating Vulnerabilities: Between the Theories of Social Reproduction,
Sex Work and Microfinance in Cambodia
Author(s): Caterina Rossi
Citation: Caterina Rossi, (2020) "Lending Money, Generating Vulnerabilities: Between the Theories of Social Reproduction, Sex Work and Microfinance in Cambodia," Journal of Applied Business and Economics, Vol. 22, Iss.9, pp. 145-157
Article Type: Research paper
Publisher: North American Business Press
Abstract:
Applying social reproduction feminist theory for exploring the interconnections between capitalism and women’s exploitation, this paper analyses how the patriarchal system operates for the reproduction of vulnerable women, specifically as a source of (capital) accumulation. It assesses the effects that microfinance has on social reproduction and sex work. As the Cambodian case demonstrates, microfinance has oftentimes reinforced gender structures generating a widespread over-indebtedness and augmenting the likelihood for women to enter the sex industry. Working within a debt-driven finance perpetuating the subjection of women into exploiting practices, microfinance may ultimately deprive the nation of vital human resources for economic development.