Articulation entre les activités bancaires et microfinancières : une nouvelle sphère d'intermédiation ?
AbstractThis paper aims to analyse the role of an articulation approach between banks and microfinance institutions in the creation of a new type of financial intermediation and the promotion of investment projects in the african context. However, the inadequacy of the long term resources in addition with the lack of an insolvency risk insurance mechanism put a beak on their intermediation capacities. Banks have enough resources and management skills and technologies but for costs reasons and ignorance of the microfinance market, their entry is sluggish. Our study consider two articulation approaches : a partnership approach and an institutional intemediation approach.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by De Boeck Université in its journal Mondes en développement.
Volume (Year): 126 (2004)
Issue (Month): 2 ()
Contact details of provider:
Web page: http://www.cairn.info/revue-mondes-en-developpement.htm
Articulation; Banks; Financial Deepening; Institutional Intermediation; Microfinancial Intermediation; Microfinance; Partnership; Scale; Transaction Costs;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Klein, Michael A, 1973. "The Economics of Security Divisibility and Financial Intermediation," Journal of Finance, American Finance Association, vol. 28(4), pages 923-31, September.
- Benston, George J & Smith, Clifford W, Jr, 1976. "A Transactions Cost Approach to the Theory of Financial Intermediation," Journal of Finance, American Finance Association, vol. 31(2), pages 215-31, May.
- Bhattacharya Sudipto & Thakor Anjan V., 1993. "Contemporary Banking Theory," Journal of Financial Intermediation, Elsevier, vol. 3(1), pages 2-50, October.
- Douglas W. Diamond & Philip H. Dybvig, 2000.
"Bank runs, deposit insurance, and liquidity,"
Federal Reserve Bank of Minneapolis, issue Win, pages 14-23.
- Hayne E. Leland and David H. Pyle., 1976.
"Informational Asymmetries, Financial Structure, and Financial Intermediation,"
Research Program in Finance Working Papers
41, University of California at Berkeley.
- Leland, Hayne E & Pyle, David H, 1977. "Informational Asymmetries, Financial Structure, and Financial Intermediation," Journal of Finance, American Finance Association, vol. 32(2), pages 371-87, May.
- Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
- SODOKIN, Koffi, 2006. "Functional and structural complementarities of banks and microbanks in L.D.Cs," LEG - Document de travail - Economie 2006-10, LEG, Laboratoire d'Economie et de Gestion, CNRS, Université de Bourgogne.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.