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Complementarity, Competition and Institutional Development: The Irish Loan Funds through Three Centuries

Hollis, Aidan; Sweetman, Arthur - EconWPA - 1997

Ireland's loan funds were a long lived, self-sustaining, large-scale microcredit organization that made millions of loans, without collateral, to the poor. We examine the life-cycle of this institution and show how the loan funds responded to their economic environment in ways that benefitted...

Persistent link: https://www.econbiz.de/10005076565

Microcredit in Pre-Famine Ireland

Hollis, Aidan; Sweetman, Arthur - EconWPA - 1997

Hundreds of independent, local, quasi-charitable microcredit societies, or "loan funds," were lending to as many as 20% of Irish households in the mid-nineteenth century. Monitored by a central regulatory authority, funds in the system were successful in mitigating informational, moral hazard...

Persistent link: https://www.econbiz.de/10005408388

A Microeconomic Analysis of Slavery in Comparison to Free Labor Economies

Ergin, Haluk I.; Sayan, Serdar - EconWPA - 1997

In addition to supervision costs, the labor cost of an enterprise (plantation) in the system of slavery consists of the cost of acquiring the slaves and the subsistence compensation given out to the slaves. In this paper, we leave aside the issue of supervision costs previously taken up in the...

Persistent link: https://www.econbiz.de/10005124972

International benchmarking of container stevedoring

Commission, Productivity - EconWPA - 2003

Productivity at Australian container terminals has improved significantly in absolute terms since 1997 according to … this international benchmarking study. For the sample of ship calls and terminals studied, productivity improved also in … relative terms. The productivity improvement at Australian terminals was generally greater than at overseas terminals between …

Persistent link: https://www.econbiz.de/10005556535