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This article analyses an individual microcredit program developed in Rio’s shantytowns. We study its selection criteria and the determinants of borrowers’ repayment performance. More specifically, this work aims to study the link between informality and credit discipline. First, we question...
Persistent link: https://www.econbiz.de/10011073749
Nous proposons dans cet article d’étudier les effets de l’AFTA sur le commerce intra-zone de l’ASEAN par une analyse … gravitationnelle en panel. Le modèle gravitationnel d’origine est enrichi des variables muettes « zone de libre-échange » qui captent … que l’AFTA permet une intensification réelle des échanges intra-ASEAN avec un détournement de trafic en faveur du commerce …
Persistent link: https://www.econbiz.de/10011072996
very frequently used. Churchill (1999) notably underscored the fact that, within the framework of microfinance institutions …
Persistent link: https://www.econbiz.de/10010861398
In Sub-Saharan Africa (SSA) the informal sector is a major engine for employment, entrepreneurship and growth. The high incidence of corruption is another distinctive feature of SSA. According to the last Transparency International Corruption Perception Index almost 70% of SSA countries ranked...
Persistent link: https://www.econbiz.de/10010861557
Informality is ubiquitous in most developing countries. Understanding the informal economy is therefore of utmost importance from a political, economic and social point of view. Paradoxically, despite its economic importance, knowledge is extremely limited regarding the informal economy. It...
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