Microfinance institutions (MFIs) provide a public good; if MFIs create and deepen markets where none existed before, there may be a case for public support. This book is based on a study of 45 MFIs, and applies factor analysis and cluster analysis to show that MFIs form clusters in terms of...

Intro -- Half Title -- Title -- Copyright -- Contents -- List of Tables -- List of Figures and Boxes -- List of Abbreviations -- Acknowledgements -- Foreword -- Notes on Contributors -- Part I Introduction -- 1 Efficiency and Sustainability in Microfinance -- 1.1 Promise and achievements -- 1.2...

This study represents the evaluation of the growth effects of three Latin American trade agreements for the countries involved. The use of a longitudinal data set allows for a new approach to the topic: under specific assumptions, the experience of a group of countries unaffected by the policy...