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In the early 1990s, a consensus emerged among the leading experts in the field of small and micro business finance. It is based on three elements: The focus of projects should be on improving the entire financial sector of a given developing country; a commercial approach should be adopted,...
Persistent link: https://www.econbiz.de/10005840406
Zugang zu Krediten ist für kleine und mittelgroße Unternehmen in Entwicklungsländern von großer Bedeutung, um ihre ökonomischen Möglichkeiten besser auszuschöpfen und so die Einkommen ihrer Besitzer, aber auch ihrer Mitarbeiter zu erhöhen. Deshalb hat die Entwicklungshilfe in der...
Persistent link: https://www.econbiz.de/10005844559
The paper is a follow-up to an article published in Technique Financière etDeveloppement in 2000 (see the appendix to the hardcopy version), which portrayedthe first results of a new strategy in the field of development finance implemented inSouth-East Europe. This strategy consists in creating...
Persistent link: https://www.econbiz.de/10005845290
This paper examines whether recently introduced “village funds”, one of the largestmicrofinance programs ever implemented, improve access to finance. Village funds areanalyzed in a cross-sectional approach in relation to competing financial institutions. We find,first, that they reach the...
Persistent link: https://www.econbiz.de/10005867315
Using data from the Philippines, this paper seeks to understand how households in thestudy area apparently manage to avoid falling in a debt trap in spite of frequent borrowing.Findings suggest this is achieved via three institutional features. First, most informal debtcarries no interest. As we...
Persistent link: https://www.econbiz.de/10005870199
Throughout the developing world, there is a desperate quest for a way out ofthe financial predicament confronting the rural poor. In most countries of thedeveloping regions, especially South Asia and Sub-Saharan Africa, the ruralpopulation forms the larger proportion of the entire population and...
Persistent link: https://www.econbiz.de/10005863273
Using data from several large scale longitudinal surveys, this paper investigates the relationship between older women‟s families histories and their personal incomes in later life in the UK, US and West Germany, By comparing three countries with very different welfare regimes, we seek to gain...
Persistent link: https://www.econbiz.de/10009305128
is that thepension returns to working longer are relatively low, especially for low-skilledwomen. Recent pensions reforms …
Persistent link: https://www.econbiz.de/10009305130
We estimate the magnitude of social interaction effects in disability pension participation amongolder workers in Norway. The problem of omitted variable bias is addressed using neighbors’exposure to plant downsizing events as an instrument for the disability entry rate among one’spreviously...
Persistent link: https://www.econbiz.de/10009305200
Reforming pensions looms large over the policy agenda of OECD countries. This is hardlysurprising since public spending … on pensions accounted on average for 7 per cent of OECDGDP in 2005; and this pension spending effort is set to increase … reforms and highlight the main lessons. Section 1 looks at which countries reformedtheir pensions systems and which did not …
Persistent link: https://www.econbiz.de/10005859634