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On their fiftieth anniversary, the International Monetary Fund and the World Bank were" extensively reviewed, both to mark the occasion and to consider, often critically roles and performance. This paper reviews the functions of the two institutions in light of their" evolution over the past...
Persistent link: https://www.econbiz.de/10012472488
We report the results from a field experiment with a micro lender in Uganda to test the effectiveness of privately implemented incentives for loan repayment. Using a randomized control trial we measure the impact of three different treatments: Borrowers are either given a lump sum cash reward...
Persistent link: https://www.econbiz.de/10012461638
Can microcredit help unlock a poverty trap for some people by putting their businesses on a different trajectory? Could …, India, we find that "gung ho entrepreneurs" (GEs), households who were already running a business before microfinance … facilitate escape from a poverty trap …
Persistent link: https://www.econbiz.de/10012480290
We review the empirical evidence on microfinance and asset grants to the ultra poor or microentrepreneurs, and assess … aggregate poverty traps …
Persistent link: https://www.econbiz.de/10012456006
experimental study based on a hope intervention in Oaxaca, Mexico among 601 indigenous women with access to microfinance loans. Our …
Persistent link: https://www.econbiz.de/10012456019
A growing body of rigorous research shows that financial services innovations can have important positive impacts on wellbeing, but also that many do not. We first describe the latest evidence on what works in financial inclusion. Second, we summarize research on key financial market failures...
Persistent link: https://www.econbiz.de/10011542935
(majority) of "Bumiputera" (mainly Malays). Since then, Malaysia's official poverty measures indicate one of the fastest long …Ethnic riots broke out in Malaysia in 1969, prompting a national effort at affirmative action favoring the poorer …-term rates of poverty reduction in the world, due to both economic growth and falling inequality. Did ethnic inequality fall …
Persistent link: https://www.econbiz.de/10012479592
Blended finance---the use of public and philanthropic funding to crowd in private capital---is a potential way to finance a more sustainable world. While blended finance holds the promise of being catalytic in mobilizing vast amounts of private capital, little is known about this practice. In...
Persistent link: https://www.econbiz.de/10014512141
Why should multilateral lending exist in a world where private capital markets are well developed and governments have their own bilateral aid programs? If lending by the World Bank, IMF, and regional development banks has an independent rationale, it must rest on advantages generated by the...
Persistent link: https://www.econbiz.de/10012473722
This paper looks at the problem of making multiple lending decisions which affect the supply of the product when the consequences of these lending decisions are interrelated via the effect on the world price of the product. This is termed the 'adding up problem'. It is argued that thinking of...
Persistent link: https://www.econbiz.de/10012473899