Showing 1 - 10 of 207
This paper explores the relationship between microcredit and poverty reduction. To investigate this question, we posit … supply constraints to the household's graduation from poverty. These constraints are difficult to overcome in a traditional …
Persistent link: https://www.econbiz.de/10010319881
Bangladesh and Pakistan had very divergent experiences with aid after 1971. Politics in Pakistan was less inclusive in … to Pakistan had very negative effects on its political and economic evolution. In contrast in Bangladesh the less …
Persistent link: https://www.econbiz.de/10010333679
The poor can and do save, but often use formal or informal instruments that have high risk, high cost, and limited functionality. This could lead to undersaving compared to a world without market or behavioural frictions. Undersaving can have important welfare consequences: variable consumption,...
Persistent link: https://www.econbiz.de/10010352722
The paper explores the paths towards building institutional foundations for inclusive development in Sub-Saharan Africa. Viewing institutional configurations as a system of multiple equilibria, the concepts of endogenous institutions and institutional changes are used to address the question of...
Persistent link: https://www.econbiz.de/10011418567
Twenty years after the fall of the iron curtain - which for decades had separated East from West - most countries of Central and Eastern Europe are now members of the European Union; some have even adopted the euro. Nonetheless, these countries have also remained exceptionally vulnerable to...
Persistent link: https://www.econbiz.de/10010280228
This paper examines the combined effect of interest rates and poverty levels of microfinance clients on loan size … poverty level is suggested in targeting and sustaining microfinance clients. …
Persistent link: https://www.econbiz.de/10010333040
Over the last 35 years, microfinance has been generally regarded as an effective policy tool in the fight against … poverty. Yet, the question of whether access to credit leads to poverty reduction and improved wellbeing remains open. To … address this question, we conduct a systematic review of the quantitative literature of microfinance's impacts in the …
Persistent link: https://www.econbiz.de/10011943793
of the world. Since the late 1950s, its growth performance has been outstanding. Poverty incidence has declined …
Persistent link: https://www.econbiz.de/10010333039
Historically, Chile has been an economy dominated by mineral and agro-industrial products and subject to frequent external shocks particularly in copper prices. Since the 1980s, the authorities have developed various mechanisms to cope with these shocks and dampen their effects on the domestic...
Persistent link: https://www.econbiz.de/10011688548
Can a society suffering contests between rich and poor achieve good governance in the face of endemic corruption? We examine a stylized poor state with weak institutions in which a "culture of evasion" damages state authority. Many evade tax payments, limiting the state's economic development...
Persistent link: https://www.econbiz.de/10011943826