Using a sample of 306 estimates drawn from 31 primary studies, this paper conducts an empirical synthesis of the link between economic growth and government expenditure on education or health using meta-analysis. We also explain the heterogeneity in empirical results. We find that the effect of...

Microfinance Institutions (MFIs) have been compared at various levels for the purpose of replications and policy formulations. However, the potential effects of the macro-economy on MFI performance are often not considered. We propose that understanding the possible effects of country-level...