agricultural production and changes in land use in the Mekong Delta Region of Viet Nam during the mid-1990s. The study relies on … econometric analysis of household-level longitudinal farm survey data covering about 150 farms from eight villages in the Mekong … use and level of production observed in the Mekong Delta during the 1990s. A simulation model is developed to highlight …

. Microfinance programs should strive at preventing such consequences of bounded rationality. …

This paper analyses the welfare effects of microfinance and inflation in developing countries. Therefore, we introduce … microfinance institution induces peer monitoring, which in turn enables entrepreneurship. Our main result is that there exists an … inflation threshold beyond which entrepreneurship collapses. We show that inflation affects the impact of microfinance on social …

is currently the largest and fastest growing microfinance program in the developing world, has been aggressively promoted …

Microfinance programs like the Self Help Bank Linkage Program in India have been increasingly promoted for their … between microfinance and women's empowerment. This paper contributes by arguing that women empowerment takes place when women …

This paper investigates investment performance of microfinance investment funds. The examined funds have recorded lower … revealed that investment in microfinance investment funds that focus especially on debt instruments represents an attractive … investors with a particular interest in the socially responsible aspect of investment into microfinance. …

Microfinance is typically associated with joint liability of group members. However, a large part of microfinance … contracts. Moreover, we show that microfinance institutions offer group loans when the loan size is rather large, refinancing … costs are high, and competition between microfinance institutions is low. Otherwise, individual loans are offered …

This book focuses on the achievements, current trends and further potential of microfinance to scale-up and serve many …, and to safeguard the synthesis between the financial and social dimension of sustainable microfinance. The book also sheds … debate on core values of microfinance, triggered by recent criticisms of an approach that was hailed as a panacea in the …