Showing 1 - 10 of 73
returns to borrowing from microfinance institutions (MFIS), some borrowers might be taking loans that they will not be able to …
Persistent link: https://www.econbiz.de/10012974083
In this paper the authors use a computable general equilibrium model of the Kazakhstan economy to assess the impact of … accession to the World Trade Organization (WTO), which encompasses (1) improved market access; (2) Kazakhstan tariff reduction … based on detailed questionnaires completed by specialized research institutes in Kazakhstan. They estimate that Kazakhstan …
Persistent link: https://www.econbiz.de/10012747832
Armenia, Georgia, the Kyrgyz Republic, and Tajikistan have all experienced substantial out-migration of workers and an associated inflow of workers' remittances over the past two decades. These four countries have much higher human capital, as measured by the Human Capital Index, than is typical...
Persistent link: https://www.econbiz.de/10012843972
This paper proposes a model-based approach to estimate income boundaries for identifying the middle class in Kazakhstan … over 2003-15. The approach exploits the subjective evaluation of Kazakhstan households about their social status, relating … self-declared social class membership to income. Income data come from the Kazakhstan Household Budget Survey, which also …
Persistent link: https://www.econbiz.de/10012912124
Kazakhstan's cities are hubs of economic opportunity and prosperity. But despite the government's ambitious targets … Kazakhstan's cities, and (ii) the near absence of a rental housing market outside the capital, Astana. The findings show that the …
Persistent link: https://www.econbiz.de/10012912300
This paper assesses the consequences of implementing a joint liability debt system in a two-country small open economy model. With joint liability a default of one country makes the other participant liable for its debt. The results highlight a trade-off between the contagion risk, in the sense...
Persistent link: https://www.econbiz.de/10012859524
This study collaborated with the Entrepreneurial Finance Lab and a large bank in Peru to use psychometrics for small and medium-size enterprise lending. Applicants used a psychometric tool and those who achieved a score higher than a threshold were offered a loan. Using a regression...
Persistent link: https://www.econbiz.de/10012931648
Many microenterprises in developing countries have high returns to capital, but also face risky revenue streams. In principle, equity offers several advantages over debt when financing investments of this nature, but the use of equity in practice has been largely limited to investments in much...
Persistent link: https://www.econbiz.de/10012889427
constrained. This paper analyses whether, and how, micro-finance supports a large public health subsidy program in the developing … a cluster randomised controlled experiment of a sanitation micro-finance program that coincided with the launch of the …
Persistent link: https://www.econbiz.de/10012871012
In democracies, innovative political institutions have opened up scope for direct public participation often in the form of talk: citizens talking to the state and mutual talk among citizens on matters concerning community development. A prominent example is the Indian gram sabha, or village...
Persistent link: https://www.econbiz.de/10012970986