Using two surveys from Bangladesh, this paper provides evidence on the effects of microfinance competition on village moneylender interest rates and households' dependence on informal credit. The views among practitioners diverge sharply: proponents claim that competition of microfinance...

Zusammenfassung Der Beitrag erörtert die Folgen der Anwendung des IAS 32 in Kreditgenossenschaften. In diesem deutschen Bankensektor kann es hierdurch zu einem Verlust erheblicher Eigenkapitalbestandteile und damit auch der aufsichtsrechtlichen Eigenmittel kommen. Die Inkonsistenz des IAS 32 in...

Investments in transport infrastructure lower trade costs and lead to integration of villages with urban markets. Does spatial market integration increase land inequality in rural areas Theoretical analysis by Braverman and Stiglitz (1989) suggests that the interactions of lower trade costs with...