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With remittances to the developing countries reaching USD 251 billion in 2007, there has been a recent surge of interest to understand the effective channelization of this flow of remittances for providing a variety of financial services desirable to the poor households in the receiving regions,...
Persistent link: https://www.econbiz.de/10011114389
In recent years, BRIC countries have demonstrated high rates of economic growth, rapid increases in GDP per capita and growing capital accumulation, and have been playing an increasingly important role in the global economy. However, as middle-income countries (low-income in the case of India),...
Persistent link: https://www.econbiz.de/10011260277
This paper analyses the need, significance and the advantages of ‘reforms in institutional finance for inclusive growth’ in the context of Indian economy and offers some practicable suggestions from the functional perspective. India’s Rural Financial Architecture (RFA) is subject to...
Persistent link: https://www.econbiz.de/10011113195
is inappropriate in the urban context where a large percentage of microfinance organisations in the developing world …
Persistent link: https://www.econbiz.de/10005835401
lending or similarly micro-finance are examples of such alternative lending contracts. In this paper, we investigate the … effect of mutual guarantee institutions (MGI) on loan interest rates. We argue that, similarly to group lending and micro-finance …
Persistent link: https://www.econbiz.de/10005835569
Micro-Finance is emerging as a powerful instrument for poverty alleviation in the new economy. In India, micro-Finance … artisans" and "economically weaker sections" have been used to broadly define micro-finance customers. Research across the … globe has shown that, over time, microfinance clients increase their income and assets, increase the number of years of …
Persistent link: https://www.econbiz.de/10005835867
We trace the relationship between firm performance and corporate governance in microfinance institutions (MFI …
Persistent link: https://www.econbiz.de/10005836719
Economic and social implications of the access to financial services both in developed and in developing countries have increasingly promoted the debate around the issue of considering “financial inclusion” as a public good, according to potential positive externalities associated to greater...
Persistent link: https://www.econbiz.de/10011257984
The objective of fight against poverty was at the origin of the creation of the institutions of microfinance (IMF …. Today, certain authors underline the limits of the microfinance and question its impact on the development. What happens … really? What do the impact studies learn on the contribution from the microfinance to the poverty reduction in the developing …
Persistent link: https://www.econbiz.de/10011258117
results prove that rural microfinance institutions, rather rural microfinance network can be viable. It is just a matter of …
Persistent link: https://www.econbiz.de/10011258176