Showing 1 - 10 of 238
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 … and maximizing financial performance. For example, non-profit microfinance institutions make far smaller loans on average …
Persistent link: https://www.econbiz.de/10012552010
income mobility in Malaysia in 2004-16. On aggregate, there were large reductions in chronic poverty and increases in …This study employs a synthetic panel approach based on nationally representative micro-level data to track poverty and …. Further, the poverty and income dynamics differ notably across geographic dimensions. Such disparities are most striking when …
Persistent link: https://www.econbiz.de/10013255384
Until the late 1960s, the World Bank presented itself as an institution devoted to making sound and directly productive project loans. Yet, during its very early years, some discussions developed inside the Bank regarding the possibility of issuing different types of loans, namely (i) loans...
Persistent link: https://www.econbiz.de/10012552461
Corporate governance arrangements define the responsibilities, authorities and accountabilities of owners, boards of directors, and executive managers of a company. Good corporate governance is as important for state financial institutions as for private sector companies. Many of the problems...
Persistent link: https://www.econbiz.de/10012552767
This paper develops and tests a proposed methodology that puts forward a new integrated method for evaluating the performance of development finance institutions. This methodology applies assessment criteria that take into account both the social objective that the development finance...
Persistent link: https://www.econbiz.de/10012552290
Given Sub-Saharan Africa's enormous resource needs for growth, poverty reduction, and other Millennium Development …
Persistent link: https://www.econbiz.de/10012552395
The Government of China has placed strong emphasis on addressing problems related to agriculture, farmers, and rural society, with the development of a "new socialist countryside" designated as a top priority for the Eleventh Five-Year Plan (2006-2010). The financing of public services in rural...
Persistent link: https://www.econbiz.de/10012552485
A diaspora bond is a debt instrument issued by a country - or potentially, a sub-sovereign entity or a private corporation - to raise financing from its overseas diaspora. Israel and India have raised $35-40 billion using these bonds. Drawing on their experiences, this paper discusses the...
Persistent link: https://www.econbiz.de/10012559902
This paper analyzes the evolution of sovereign credit ratings in the wake of the global financial crisis by studying changes in actual, shadow, and relative ratings between 2008 and 2012. For countries that do not have a rating from the major rating agencies, shadow ratings are estimated as a...
Persistent link: https://www.econbiz.de/10012560751
Regulation allows microfinance institutions to evolve more fully into banks, particularly for institutions aiming to … draw on a new database that combines high-quality financial data on 245 of the world s largest microfinance institutions … profitability. The pattern is consistent with the notion that profit-oriented microfinance institutions absorb the cost of …
Persistent link: https://www.econbiz.de/10012551871