DENEWETH, HEIDI; GELDERBLOM, OSCAR; JONKER, JOOST - In: Journal of Economic Development 39 (2014) 1, pp. 79-110
Applying insights from recent literature on the financial behaviour of poor households in developing countries to the nineteenth-century Netherlands, we show that micro finance type institutions failed to alleviate the country¡¯s persistent poverty for the same reasons found today. The...