Although the impact was less dramatic than in other Asian countries, Vietnam has been affected by the international crisis which started in 2008, resulting in a significant slowdown of economic growth. This paper aims at assessing the impact of this economic crisis on employment, unemployment...

The unequal treatment of children is not gender neutral from the parent side. Our results show that women try to compensate through debt for the unbalanced situation faced by their daughters compared to their sons. However, the lack of symmetry between mothers' and fathers' financial situations...

Exploiting new data from a survey and behavioral experiment conducted in Peru we analyze individuals’ preferences for securing income in old age. We identify a group that is unrationed by the mandate to save in Peru’s pension system, and draw insights from their affiliation and contribution...

A large literature describes how local risk sharing networks can help individuals smooth consumption in the face of idiosyncratic economic shocks. However, when an entire community faces a large covariate shock, and when the transaction costs of transfers are high, these risk sharing networks...

Using data from 319 microfinance institutions (MFIs) in 68 developing countries, we study the degree to which international debt investments are related to the financial and social performances of MFIs. We find that commercial investments are mainly related to financial performance and level of...

The paper presents a social innovation as an innovative business model with new social relations and indicates a few short cases to indicate how a social problem was addressed by a social innovation by entrepreneurial actions by microfinance service providers. The cases are from microcredit,...

This paper is a first attempt to empirically measure the impact of a money transfer activity on MFIs’ savings mobilisation. After analysing the opportunities for MFIs to succeed in transforming remittances receivers into clients, the paper empirically tests whether MFIs operating on the...

In a context where MIVs face several bottlenecks regarding their future role in the microfinance industry, this paper suggests a brand new way of reviewing their commitment to double bottom line returns. We suggest using the MACBETH (Measuring Attractiveness by a Categorical Based Evaluation...

Les économies des pays en développement sont à la fois caractérisée par une faiblesse de l’infrastructure financière, notamment du cadre légal, et un développement important de la finance informelle. L’imperfection du cadre légal limite considérablement l'efficacité des...