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The enforcement record of the 1990s shows that private international cartels are not defunct--nor do they always fall quickly under the weight of their own incentive problems. Of a sample of 40 such cartels prosecuted by the United States and the European Union in the 1990s, 24 lasted at least...
Persistent link: https://www.econbiz.de/10005116570
This paper reviews the process of job creation and destruction across a sample of 16 industrial and emerging economies over the past decade. It exploits a harmonized firm-level data set drawn from business registers and enterprise census data. The paper assesses the importance of technological...
Persistent link: https://www.econbiz.de/10005116659
In many markets, industry and policymakers agree that there may be too many insurers. In others, the consensus is that there could be benefit from more competition. But this broad consensus is often supported by evidence that is more qualitative, anecdotal, or judgmental despite being...
Persistent link: https://www.econbiz.de/10005116661
Manufacturing firms in developing countries have traditionally been relatively protected. They have also been subject to heavy regulation, much of it biased in favor of large enterprises. Accordingly, it is often argued that manufacturers in these countries perform poorly in several respects: a)...
Persistent link: https://www.econbiz.de/10005116686
In the next ten years, advocates of microfinance organizations (MFOs) will seek more than $20 billion to provide small …-percent increase in the about $200 million spent per year on domestic microfinance. Most of the excitement for the promise of … microfinance in the United States has been sparked by reports of the success of the Grameen Bank of Bangladesh. Was Grameen a good …
Persistent link: https://www.econbiz.de/10005118666
loans with characteristics similar to current loans--to inform decisions. Can credit scoring do the same for microfinance … lenders in poor countries? This paper argues that scoring does have a place in microfinance. Although scoring is less powerful …--current microfinance technologies. Furthermore, the derivation of the scoring formula reveals how the characteristics of borrowers, loans …
Persistent link: https://www.econbiz.de/10005118697
Sparked by examples from the third world, hundreds of microenterprise programmes have been started in the first world. Will they be successful? This paper reviews the evidence and concludes that microenterprise development is more difficult in the first world. For example, the microenterprise...
Persistent link: https://www.econbiz.de/10005118723
Can scoring models help microfinance lenders in poor countries as much as they have helped credit-card lenders in rich … microfinance depend on many factors difficult to include in statistical models, I find that inexpensive data does indeed have some … predictive power. In microfinance, computer models will not replace loan officers, but they can flag the highest risks and act as …
Persistent link: https://www.econbiz.de/10005118773
This paper presents a scoring model that predicts the risk of drop-out for borrowers at a microfinance lender in … suggest that scoring may help microfinance lenders to detect segments of their clientele (and even specific current clients …
Persistent link: https://www.econbiz.de/10005118802
This paper examines the development of microfinance market from the household perspective as it relates to poverty …
Persistent link: https://www.econbiz.de/10005439672