Showing 1 - 10 of 351
Regulation allows microfinance institutions to evolve more fully into banks, particularly for institutions aiming to … take deposits. But there are potential trade-offs. Complying with regulation and supervision can be costly. The authors … draw on a new database that combines high-quality financial data on 245 of the world s largest microfinance institutions …
Persistent link: https://www.econbiz.de/10012551871
commercialization, rigor of regulation, and the extent of competition. Meaningful interventions in microfinance will require making …This paper describes important trade-offs that microfinance practitioners, donors, and regulators navigate. Drawing … evidence from large, global surveys of microfinance institutions, the authors find a basic tension between meeting social goals …
Persistent link: https://www.econbiz.de/10012552010
Regulating Microfinance Institutions," WPS 2061, February 1999) presented a regulatory framework that identifies thresholds in … financial intermediation activities that trigger a requirement for a microfinance institution to satisfy external or mandatory … guidelines-a tiered approach to regulation and prudential supervision. The model focuses on risk-taking activities of …
Persistent link: https://www.econbiz.de/10012559515
Microfinance contracts have proven able to secure high rates of loan repayment in the face of limited liability and …, though, is at the heart of the promise that microfinance can deliver poverty reduction while not relying on ongoing subsidy …
Persistent link: https://www.econbiz.de/10012553653
This paper describes a new index of the quality of the business environment for microfinance institutions (the Global … Microscope on the Microfinance Business Environment). Regressions are used to validate the index by linking it and its … subcomponents to microfinance outcomes. The main findings are that the components of the index related to the supporting …
Persistent link: https://www.econbiz.de/10012560736
The author evaluates the effectiveness of policy measures adopted by Chile and Colombia, aiming to mitigate the deleterious effects of pro-cyclical capital flows. In the case of Chile, according to his Generalized Method of Moments (GMM) analysis, capital controls succeeded in reducing net...
Persistent link: https://www.econbiz.de/10012552625
The authors assess for 28 developing countries over the period 1980-2001 whether the existence of a regulatory law and higher quality regulatory governance are significantly associated with superior electricity outcomes. Their analysis draws on theoretical and empirical work on the impact of...
Persistent link: https://www.econbiz.de/10012553997
The authors review a number of studies on the effectiveness of utility regulatory agency and governance arrangements for the electricity industry, particularly for developing countries. They discuss governance criteria and their measurement, both legal frameworks and surveys of regulatory...
Persistent link: https://www.econbiz.de/10012553998
The monopoly-supported universal service obligation (USO) is usually defended on the grounds that the monopoly allows for cross-subsidy in letter services that in turn allows universal access to a service of great importance to all. The author argues that letter delivery (as opposed to other...
Persistent link: https://www.econbiz.de/10012554078
Infrastructure industries-including telecommunications, electricity, water, and gas-underwent massive structural changes in the 1990s. During that decade, hundreds of privatization transactions valued at billions of dollars were completed in these sectors in developing and transition economies....
Persistent link: https://www.econbiz.de/10012559687