Showing 1 - 10 of 28
In this paper we take a comparative look at capital flows to less- developed countries in two eras of financial globalization. The paper extends recent research on the developmental effects of international financial integration, long-term trends in capital mobility and “globalization in...
Persistent link: https://www.econbiz.de/10005125830
Would the movement of capital from to poor countries greatly increase, if the commitment to protecting property and allowing capital to move freely were more credible? This paper asks whether the British Empire provided global public goods that supported large-scale development finance before...
Persistent link: https://www.econbiz.de/10005125839
Can developing countries enhance credibility with international markets by adopting a hard currency peg? In this paper we review the hypothesis that adherence to the gold standard facilitated the access of peripheral countries to European capital markets in the first era of financial...
Persistent link: https://www.econbiz.de/10005412741
In the light of first-hand data from a Beninese urban household survey in Cotonou, we investigate several motives aiming to explain participation in Rotating Savings and Credit ASsociations. We provide empirical findings which indicate that individuals use their participation in a rosca as a...
Persistent link: https://www.econbiz.de/10005118704
microfinance organizations believed to be among the best in Bolivia. These lenders represent different combinations of …
Persistent link: https://www.econbiz.de/10005134580
This report follows up on a 1996 UNDP survey of microfinance activity in Vietnam. The need was not simply because of … the five-year time lapse, but also because the larger multilateral donors were showing interest in funding microfinance … benefit. This report had highlighted a number of problems concerning microfinance in Vietnam. These concerns, however, should …
Persistent link: https://www.econbiz.de/10005134876
In developing countries, microfinance has been the darling of the development community, and in developed countries …, microfinance fits well with Third Ways ideas. What are the challenges and opportunities for the attempt to replicate microfinance … for microfinance and drive up costs. With costs well above revenues, U.S. programs are far from achieving financial self …
Persistent link: https://www.econbiz.de/10005407699
In the next ten years, advocates of microfinance organizations (MFOs) will seek more than $20 billion to provide small …-percent increase in the about $200 million spent per year on domestic microfinance. Most of the excitement for the promise of … microfinance in the United States has been sparked by reports of the success of the Grameen Bank of Bangladesh. Was Grameen a good …
Persistent link: https://www.econbiz.de/10005118666
loans with characteristics similar to current loans--to inform decisions. Can credit scoring do the same for microfinance … lenders in poor countries? This paper argues that scoring does have a place in microfinance. Although scoring is less powerful …--current microfinance technologies. Furthermore, the derivation of the scoring formula reveals how the characteristics of borrowers, loans …
Persistent link: https://www.econbiz.de/10005118697
Sparked by examples from the third world, hundreds of microenterprise programmes have been started in the first world. Will they be successful? This paper reviews the evidence and concludes that microenterprise development is more difficult in the first world. For example, the microenterprise...
Persistent link: https://www.econbiz.de/10005118723