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Las microfinanzas en la profundización del sistema financiero. El caso de Bolivia

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Author Info

  • González-Vega, Claudio

    (The Ohio State University)

  • Villafani-Ibarnegaray, Marcelo

    (The Ohio State University)

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    Abstract

    This article examines the role that regulated Micro Finance Organizations (MFO) have played in the Bolivian financial sector development. Using occasional references, the paper also acknowledges the contribution of non-regulated MFO in improving welfare of poor population sectors. Among policy lessons, the results suggest that microfinance is important in developing financial deepening in similar countries, such as those in the region.// El artículo examina el papel que el sector de las organizaciones de microfinanzas reguladas -conforme al marco prudencial- ha desempeñado en el desarrollo del sistema financiero boliviano. Con referencias ocasionales, reconoce las contribuciones de las microfinanzas no reguladas en propiciar aumentos del bienestar de hogares en estratos pobres de la población. Si bien Bolivia es un caso especialmente exitoso, las lecciones registradas apuntan a las contribuciones potenciales de las microfinanzas a la profundización financiera en países semejantes.

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    Bibliographic Info

    Article provided by Fondo de Cultura Económica in its journal El Trimestre Económico.

    Volume (Year): LXXIV (1) (2007)
    Issue (Month): 293 (enero-marzo)
    Pages: 5-65

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    Handle: RePEc:elt:journl:v:74:y:2007:i:293:p:5-65

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    Web page: http://www.fondodeculturaeconomica.com/

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    Postal: Order print issues directly in our web page or with Guadalupe Galicia at Fondo de Cultura Económica, El Trimestre Económico, Carretera Picacho Ajusco 227, 6° piso,Col. Bosques del Pedregal, CP 14738, Tlalpan, Distrito Federal, México
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    Keywords: microfinanzas; Bolivia; América Latina; penetración financiera; sistemas financieros;

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    Cited by:
    1. Rodolfo Cermeño & Last: Cermeño & María José Roa & Last: Roa, 2013. "Desarrollo financiero, crecimiento y volatidad: Revisión de la literatura reciente," Documentos de Investigación - Research Papers 9, Centro de Estudios Monetarios Latinoamericanos, CEMLA.

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