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Microcredit typically refers to petty collateral-free credits given to groups of poor members in the society for their socioeconomic emancipation. It is claimed to be an effective tool for enhancing income of the poor primarily through creation of selfemployment opportunities for them in a...
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Faced with an exponentially growing world population, what is required is a population stabilization policy to control the global fertility rates. This has implications for the working-age population in the future, and lead to a serious economic crisis. It is envisaged that by the year 2050 the...
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Economic zone or export processing zone in a country is a purpose-built industrial park with infrastructure designed to suit the needs of foreign as well as local investors. In order to tempt foreign investors into the zones the host developing countries offer a variety of incentives. By...
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Microcredit typically refers to petty collateral-free credits given to groups of poor members in the society for their socioeconomic emancipation. It is claimed to be an effective tool for enhancing income of the poor primarily through creation of self-employment opportunities for them in a...
Persistent link: https://www.econbiz.de/10010593185
Calculated under the framework of economic-profit counting, the productivity of microcredit in Bangladesh is found very low. In this survey about 48% of the borrowers had to compromise their normal wages for self-employed labor to be able to pay the high interest for the credit. Similarly its...
Persistent link: https://www.econbiz.de/10008917784