No presente trabalho analisa-se a importância das cooperativas no mercado de crédito rural do Brasil, com foco na visão de quem demanda empréstimos. Para tanto, realizou-se um estudo de caso referente à Cooperativa de Crédito Rural dos Fornecedores de Cana e Agropecuaristas da Região de...

Institutions that rely on joint liability to facilitate lending to the poor have a long history and are now a common feature of many developing countries. Economists have proposed several theories of joint liability lending that stress various aspects of its informational and enforcement...

Credit cooperatives are common institutions today and were numerous in several European countries during the nineteenth century. Credit cooperatives were especially successful in Germany, which is surprising given Germany's highly developed banking system. Why was there any room for another...

The main risk to the program is that inflationary pressures would reemerge owing to improper management of the scaling up of aid and fiscal spending, or a protracted crisis in Kenya. The structural agenda focuses on maintaining the momentum in the previously initiated areas, particularly in the...

The 2006 Article IV Consultation on Rwanda highlights medium-term stimulating growth to reduce poverty. The government of Rwanda’s medium-term policies address the country’s challenges to increase growth and make headway toward the Millennium Development Goals. Executive Directors...

Sen’s capability approach emphasizes the importance of freedom and choice in leading the life that one values. In the capability approach, a person converts the vector of commodities into functionings. This conversion depends upon personal, social and environmental factors. These...

This paper investigates whether and under what conditions the working of cooperative firms can be affected by competition law or market-enhancing regulations. The nature of collective benefits sought by different types of cooperative enterprises is analysed to show whether and how a tension may...

Customer ownership of public utilities is presently a marginal phenomenon in quantitative terms, despite its long history. The first customer-owned cooperatives appeared at the turn of the 19th century mostly in the power and water sectors. Their development was later hindered by the...

El objetivo del artículo es determinar las tasas de crecimiento sostenible de tres colectivos: bancos, cajas de ahorros y cooperativas de crédito, analizar las bases en que se sustentan y las actuaciones para mejorarlas. Los datos utilizados proceden de los boletines económicos del Banco de...