van Greuning, Hennie; Gallardo, Joselito; Randhawa, Bikki - Economics Research, World Bank Group - 1999
The continuum of institutions providing microfinance cannot develop fully without a regulatory environment conducive to … transformation of microfinance institutions. The authors recommend a tiered approach to external regulations, one that takes into … account the different types of microfinance institutions, the products they offer, and the markets they service. A tiered …