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Microfinance institutions and public policy

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Author Info

  • Daniel Hardy
  • Paul Holden
  • Vassili Prokopenko

Abstract

Many governments and nongovernmental organizations have adopted policies to promote the growth of microfinance institutions (MFIs). The appropriate level and form of support for MFIs are discussed in this paper on the basis of a review of key MFI characteristics. Governments are also responsible for the regulation of MFIs; here, some principles concerning the extent and coverage of MFI regulation and supervision are developed.

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File URL: http://www.tandfonline.com/doi/abs/10.1080/1350485032000175637
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Journal of Economic Policy Reform.

Volume (Year): 6 (2003)
Issue (Month): 3 ()
Pages: 147-158

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Handle: RePEc:taf:jpolrf:v:6:y:2003:i:3:p:147-158

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Related research

Keywords: Bank Regulation; Microcredit; Microfinance;

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References

References listed on IDEAS
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.:
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  1. Seibel, Hans Dieter, 2000. "Agricultural Development Banks: Close them or reform them?," Working Papers 2000,4, University of Cologne, Development Research Center.
  2. International Monetary Fund, 2002. "Microfinance Institutions and Public Policy," IMF Working Papers 02/159, International Monetary Fund.
  3. Vassili Prokopenko & Paul Holden, 2001. "Financial Development and Poverty Alleviation: Issues and Policy Implications for Developing and Transition Countries," IMF Working Papers 01/160, International Monetary Fund.
  4. Joanna Ledgerwood, 1998. "Microfinance Handbook: An Institutional and Financial Perspective," World Bank Publications, The World Bank, number 12383, October.
  5. Rahman, Aminur, 1999. "Micro-credit initiatives for equitable and sustainable development: Who pays?," World Development, Elsevier, vol. 27(1), pages 67-82, January.
  6. Jonathan Morduch, 1999. "The Microfinance Promise," Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1569-1614, December.
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Citations

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Cited by:
  1. Leonardo Becchetti & Stefano Castriota & Pierluigi Conzo, 2012. "Bank Strategies in Catastrophe Settings: Empirical Evidence and Policy Suggestions," CSEF Working Papers 324, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
  2. Carmen Velasco & Reynaldo Marconi, 2004. "Group dynamics, gender and microfinance in Bolivia," Journal of International Development, John Wiley & Sons, Ltd., vol. 16(3), pages 519-528.
  3. Mersland, Roy, 2007. "The cost of ownership in microfinance organization," MPRA Paper 2061, University Library of Munich, Germany.
  4. Wilatluk Sinswat & Tientip Subhanij, 2010. "A Cross-Country Survey on SME Financial Access and implications for Thailand," Working Papers 2010-03, Economic Research Department, Bank of Thailand.
  5. Hudon, Marek & Traca, Daniel, 2011. "On the Efficiency Effects of Subsidies in Microfinance: An Empirical Inquiry," World Development, Elsevier, vol. 39(6), pages 966-973, June.
  6. repec:idb:brikps:35498 is not listed on IDEAS
  7. D'Espallier, Bert & Guérin, Isabelle & Mersland, Roy, 2011. "Women and Repayment in Microfinance: A Global Analysis," World Development, Elsevier, vol. 39(5), pages 758-772, May.
  8. repec:idb:brikps:8437 is not listed on IDEAS
  9. Hartarska, Valentina, 2005. "Governance and performance of microfinance institutions in Central and Eastern Europe and the Newly Independent States," World Development, Elsevier, vol. 33(10), pages 1627-1643, October.
  10. 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.
  11. Meesters, Aljar & Lensink, Robert & Hermes, Niels, 2008. "Outreach and Efficiency of Microfinance Institutions," Research Report 08002, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
  12. Arrassen, Wassini, 2013. "La microfinance : quelles leçons tirées des expériences des pays en développement ?," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/12692 edited by Avouyi-Dovi, Sanvi.
  13. Francesc Prior & Antonio Argandoña, 2009. "Best Practices in Credit Accessibility and Corporate Social Responsibility in Financial Institutions," Journal of Business Ethics, Springer, vol. 87(1), pages 251-265, April.
  14. Daniel Hardy & Paul Holden & Vassili Prokopenko, 2003. "Microfinance institutions and public policy," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 6(3), pages 147-158.
  15. Mersland, Roy & Øystein Strøm, R., 2009. "Performance and governance in microfinance institutions," Journal of Banking & Finance, Elsevier, vol. 33(4), pages 662-669, April.
  16. Reynaldo Marconi & Paul Mosley, 2006. "Bolivia during the global crisis 1998-2004: towards a 'macroeconomics of microfinance'," Journal of International Development, John Wiley & Sons, Ltd., vol. 18(2), pages 237-261.

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