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The financing of the Romanian agriculture and rural space through the SAPARD program created the technical and financial premises necessary for the process of accession to the European structures. Thus, the funds developed through the SAPARD Agency have directly contributed to the economic and...
Persistent link: https://www.econbiz.de/10013189474
This paper describes and compares the institutional framework of the agricultural credit markets in selected European countries. The institutions can be both formal (rules, regulations, authorities and actors) and informal (norms, values and relations). They also interact and in situations where...
Persistent link: https://www.econbiz.de/10014161999
In this paper we estimate the impact of agricultural subsidies granted under the European Union's Common Agricultural Policy (CAP) on bank loans extended to farms. According to our theoretical analysis, subsidies may either stimulate or crowd out bank loans depending on the timing of subsidies,...
Persistent link: https://www.econbiz.de/10013097104
We review the initial effects of the imposition of caps on interest rates in Peru's financial system. We developed a methodology that allows us to quantify the potential exclusion of clients. We found that financial institutions excluded close to 243 thousand clients from the financial system....
Persistent link: https://www.econbiz.de/10014227785
Institutions issuing publicly traded securities must divulge in a timely fashion any piece of information that may affect the price of their securities. When they fail to do so, these issuers expose themselves not only to administrative—and sometimes criminal—sanctions, but also to private...
Persistent link: https://www.econbiz.de/10014244745
analyses the impact of these interest rate caps on microfinance institutions. Introducing the taxonomy of soft, mezzo and hard … instrument to distinguish between the different service levels and industry environments in which microfinance institutions … of the informal credit sector, and furthering the microfinance institution's mission drift. In Pt. V. we also show that …
Persistent link: https://www.econbiz.de/10012922161
Following the recent global financial crisis there is a growing interest in alternative finance – and microfinance in … considers microfinance from a legal and regulatory perspective. Microfinance is the provision of a wide range of financial …), this further complicating the regulatory picture. The book describes some of the unique dimensions of microfinance and the …
Persistent link: https://www.econbiz.de/10012952363
This paper contributes to a growing body of literature on microfinance institutions, where the equilibrium between … European microfinance sector is scarce. In the current study, we intend to fill this knowledge gap. Specifically, using an … original dataset obtained from a survey conducted in 2016-2017 on 159 Microfinance institutions (MFIs) operating in 38 European …
Persistent link: https://www.econbiz.de/10014254747
This paper contributes to a growing body of literature on microfinance institutions, where the equilibrium between … European microfinance sector is scarce. In the current study, we intend to fill this knowledge gap. Specifically, using an … original dataset obtained from a survey conducted in 2016-2017 on 159 Microfinance institutions (MFIs) operating in 38 European …
Persistent link: https://www.econbiz.de/10014259719
A numbers of studies focusing on the determinant of the insurance market efficiency haveincreased in the last decade. In fact, many factors, like the CEO's power, can influence the efficiency in the insurance firm. The purpose of this research is to analyze the relationship between efficiency,...
Persistent link: https://www.econbiz.de/10011474418