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individuals already at commercial banks and only initially receive smaller loans. Our results suggest that the microfinance sector …
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The global financial crisis affected microfinance institutions (MFIs) as lending growth was constrained by scarcer …
Persistent link: https://www.econbiz.de/10014398523
The past two decades have seen a rapid increase in interest in financial inclusion, both from policymakers and researchers. This paper surveys the main findings from the literature, documenting the trends over time and gaps that have arisen across regions, income levels, and gender, among...
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(SMEs) in the world. The paper provides empirical evidence on the drivers of SME access to finance for a large sample of …
Persistent link: https://www.econbiz.de/10012251308
This paper explores the relationship between remittances and financial inclusion for a sample of 187 countries over the period 2004-2015, using cross-country as well as dynamic panel GMM regressions. At low levels of remittances-to-GDP, these flows act as a substitute to formal financial...
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This paper discusses key legal issues in the design of Board Oversight in central banks. Central banks are complex and sophisticated organizations that are challenging to manage. While most economic literature focuses on decision-making in the context of monetary policy formulation, this paper...
Persistent link: https://www.econbiz.de/10012155156