Showing 1 - 10 of 124
allocated to political allies is ineffective for growth, whereas aid extended to countries that are not allies is highly …
Persistent link: https://www.econbiz.de/10010653526
that hinder the establishment and growth of promising businesses, and as a result, stifle economic development more …
Persistent link: https://www.econbiz.de/10010653545
The literature on small and medium-sized enterprise (SME) finance highlights linkages with large firms in value chains … implications for SMEs. This paper explores this gap by looking for evidence on the impact of SMEs' access to finance of inter … technologies in Costa Rica), a comparison between the different sources and instruments of finance used by SMEs is presented. A …
Persistent link: https://www.econbiz.de/10010653262
The objective of this paper is to evaluate the impact of micro-entrepreneurs income on two Brazilian and Chilean microcredit programs. Drawing on two unique sources of data, control groups are built using the propensity score to match beneficiaries of micro-credit programs with non-beneficiaries...
Persistent link: https://www.econbiz.de/10009205758
Although financial development is good for long-term growth, not all countries pursue policies that render full …
Persistent link: https://www.econbiz.de/10008677812
This paper presents a retrospective review of several key areas of work of the Capital Markets and Financial Institutions Division (CMF) of the Inter-American Development Bank. Presented with each chapter as an independent piece, the paper analyzes the operations portfolio of CMF from 2006 to...
Persistent link: https://www.econbiz.de/10010654240
Microfinance institutions (MFIs) have been successful in providing credit to millions of low-income borrowers in groups previously excluded from formal financial services, but they often charge interest rates that many claim are excessive. We examine microfinance interest rates and their...
Persistent link: https://www.econbiz.de/10010654654
Financial dollarization is a key factor behind systemic financial fragility in Latin America. The experience shows that dedollarization can be achieved but can just as easily be missed, and worse: blunt dedollarization measures repressing dollarization may easily fail to solve fragility and,...
Persistent link: https://www.econbiz.de/10010654925
The objective of this paper is to evaluate the impact of micro-entrepreneurs income on two Brazilian and Chilean microcredit programs. Drawing on two unique sources of data, control groups are built using the propensity score to match beneficiaries of micro-credit programs with non-beneficiaries...
Persistent link: https://www.econbiz.de/10010655528
This paper studies the link between credit conditions and formalization in Brazil, as both credit and the rate of formalization have notably increased in the last decade. A firm dynamics model with endogenous formal and informal sectors is developed to quantitatively evaluate how much of the...
Persistent link: https://www.econbiz.de/10010662976