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interview market participants and triangulate the perspectives of borrowers with those of formal and informal lenders …. Importantly, our research includes current and past borrowing from formal and informal sources, prompting participants to draw … unintended consequence of formal microfinance: The availability of formal low-interest microfinance creates informal …
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of poverty, the probit model emphasizes that women are more favored in access to microcredit (ii) second, in terms of …
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This paper analyzes and tests the influence of political instability on economic vulnerability in the context of the 1994 and 1997 crises episodes. It constructs four political variables that aim at quantifying political instability. The paper finds that for countries with weak economic...
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The aim of this article is to investigate the causal relationship between remittances and poverty reduction for 14 emerging and developing countries over the period 1980 - 2012. We proposed a cointegration analysis, using the method of non-stationary dynamic panel data. Our estimation results...
Persistent link: https://www.econbiz.de/10010385765
significantly to the reduction in budget deficit while company income tax had nonsignificant impact (2) Total government revenue … constituted major chunk of planned income for budget deficit financing (3) Deficit financing of capital health expenditure yielded …
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