countries after an aggregate income shock. The analysis is based on a data set in which the customer data of the microfinance … microfinance institution. The results support the hypothesis that especially transaction lending contributes to the problem of …

borrowing groups of the microfinance institutions Constanta (Georgia) and FORA (Russia), this study describes to what extent … individual lending mechanism - based on the experience of 130 borrowers of the Microfinance Bank of Georgia – shows that there …

Morocco and Tunisia have both achieved robust economic growth over the last 30 years by utilizing prudent economic … Morocco and Tunisia have transformed both from economically challenged debt-burdened nations into technologically advanced …, diversified and thriving middle-class nations. From 1962 to the Present Day, Morocco has averaged a GDP growth rate of 5.8% and …

regional policies aiming to promote local development through FDI flows? Although Morocco has 16 regions, it is in practice … divided into "two Moroccos": The Casablanca-Tangier axis or ‘‘Rich Morocco'' (North-West) and the marginalized territories or … ‘‘Poor Morocco'' (South / East / Middle). As would be expected, most of the FDI inflows are located in the Casablanca …

Morocco using seasonal cointegration techniques. DESIGN/METHODOLOGY/APPROACH - The paper uses seasonal integration and … output at the zero frequency for Egypt, Jordan and Morocco. This suggests that money affects nominal but not real variables …

contrast the impacts of the Morocco-EU free trade area (FTA) to multilateral trade liberalization on Morocco’s economy …. Simulation results show that the FTA agreement is likely to have adverse effects on Morocco due to: (a) deteriorating terms of … liberalization scenario along the lines of those proposed under the Doha Development Round and find this more beneficial to Morocco …

microfinance in India, Bhutan, Bangladesh, Nepal, and Pakistan in transforming the lives and social behaviour of the poor people of … this part of the world. This paper will try to establish the strong linkage between microfinance and capability building …

ENGLISH ABSTRACT: Uncertainty of continued donor funding poses a risk to microfinance operations worldwide, and … thisstudy explores the circumstances under which African microfinance institutions (MFIs) will considercommercial funding as a … microfinance institutions grow, they increasingly findthemselves in need of additional capital to finance expansion of services to …