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This article analyses the growth of microfinance by examining how some driven forces heighten more or less their … financial integration. Three main driven forces identify: agency costs, financial development and trade-off in microfinance. The … author samples 542 microfinance institutions. Quantile regression applies to analyze difference effects. The results first …
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The past two decades have seen a rapid increase in interest in financial inclusion, both from policymakers and researchers. This paper surveys the main findings from the literature, documenting the trends over time and gaps that have arisen across regions, income levels, and gender, among...
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