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The authors examine the banking industries of Argentina, Chile, and Mexico to see if market discipline existed there in the 1980s and 1990s. Using a set of bank panel data, they test for the presence of market discipline by studying whether depositors punish risky banks by withdrawing their...
Persistent link: https://www.econbiz.de/10005129376
The continuum of institutions providing microfinance cannot develop fully without a regulatory environment conducive to … transformation of microfinance institutions. The authors recommend a tiered approach to external regulations, one that takes into … account the different types of microfinance institutions, the products they offer, and the markets they service. A tiered …
Persistent link: https://www.econbiz.de/10005116395
and support effective microfinance components, within social funds. The case studies aim to highlight best practice, as … well as challenges for designing, and implementing a microfinance component within a multi-sectoral project. Based on …
Persistent link: https://www.econbiz.de/10008676677
The authors investigate the microfinance regulatory regimes in Benin, Ghana, and Tanzania, with a view to identifying … key issues and lessons on how the overall regulatory framework affects integration of microfinance institutions into the … environment promotes sustainable microfinance under shared performance standards and encourages regulatory authorities to develop …
Persistent link: https://www.econbiz.de/10005116311
augment their working capital needs. Microfinance appropriate to their needs will feature short cycles of repayment and …
Persistent link: https://www.econbiz.de/10005128466
The authors investigate how a country's financial institutions and the quality of its legal system explain the size attained by its largest industrial firms in a sample of 44 countries. Firm size is positively related to the size of the banking system and the efficiency of the legal system....
Persistent link: https://www.econbiz.de/10005141701
There is currently a large interest in understanding firms'access to finance, particularly in the financing of small- and medium-size enterprises (SMEs). But the financing patterns of SMEs across countries is not well understood. For example, little is known about the relative importance of...
Persistent link: https://www.econbiz.de/10005141816
The authors assess Thailand's policy options for reducing large corporations'vulnerability to economic shocks and improving their corporate governance - and for providing smaller firms a more stable funding structure. Using data for firms listed on Thailand's stock exchange, they empirically...
Persistent link: https://www.econbiz.de/10005141879
Regulating Microfinance Institutions,"WPS 2061, February 1999) presented a regulatory framework that identifies thresholds in … financial intermediation activities that trigger a requirement for a microfinance institution to satisfy external or mandatory … microfinance institutions that must be managed and prudentially regulated. The author reports on the results of the field testing …
Persistent link: https://www.econbiz.de/10004989852
The microfinance industry in Bangladesh currently provides access to credit to around 13 million poor households. The … to microfinance by ensuring macroeconomic stability, enforcing a simple regulatory structure, and developing …
Persistent link: https://www.econbiz.de/10005141741