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During the financial crisis banks faced liquidity shocks, and lending slowed down. The reduction in credit availability was due to demand- and supply-side factors. The decrease in turnover and investment led to a contraction of financial needs; on the other hand, the tightening of credit supply...
Persistent link: https://www.econbiz.de/10013078676
Recent events in India have brought a fresh focus upon the problem of regulation in the field of micro-finance. This … operating in micro-finance, since this could have systemic implications. The third is a developmental role, emphasising scale …-up of the micro-finance industry where the key issues are diversification of access to funds, innovations in distribution …
Persistent link: https://www.econbiz.de/10013125134
also the real economy, creating widespread social unrest. Microfinance institutions (MFIs) in developing countries seem …
Persistent link: https://www.econbiz.de/10013016973
This paper presents an in-depth analysis of developments in the microfinance sector before and after the Lehman … developing countries. The findings indicate that microfinance has been part of the same credit boom observed in the traditional … capital. This raises the question whether the crisis resilience the microfinance sector has shown in the past remains a …
Persistent link: https://www.econbiz.de/10008758753
economy.Developing countries, not fully integrated with international markets, seem less affected and local microfinance … international capital is harder and more expensive.Intrinsic characteristics of microfinance, such as closeness to the borrowers …
Persistent link: https://www.econbiz.de/10013017012
evaluates the role of a country’s political practices in moderating the impact of global financial crunch on microfinance … to 2012, we determine that microfinance operational capability shares a positive relationship with the institutional …
Persistent link: https://www.econbiz.de/10011883125
This study examines the exposure of microfinance institutions to liquidity-, interest rate and foreign exchange (FX …) risk. Using manually collected data from microfinance institutions' financial reporting, I find that the microfinance …
Persistent link: https://www.econbiz.de/10011779562
Our study explores the impact financial crisis has on performance of microfinance institutions in Zimbabwe employing … impact of financial crisis on performance of Microfinance Institutions. We also found a positive effect of gross domestic … product, money supply, the first lag of inflation and exchange rates on microfinance institutions performance while the second …
Persistent link: https://www.econbiz.de/10013365496
The aim of this paper is to clarify the problems of microfinance and the sustainability of microfinance institutions …, the operations of MFIs are often not sufficiently efficient. The microfinance sector is in general known for its …
Persistent link: https://www.econbiz.de/10011459451
A macro-prudential policy maker can manage risks to financial stability only if currentand future risks can be reliably assessed. We propose a novel framework to assessfinancial system risk. Using a dynamic factor framework based on state-space methods, we model latent macro-financial and credit...
Persistent link: https://www.econbiz.de/10010325790