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Microfinance Institutions and Public Policy

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Author Info
Paul Holden
Daniel C. L. Hardy
Vassili Prokopenko

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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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Publisher Info
Paper provided by International Monetary Fund in its series IMF Working Papers with number 02/159.

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Length: 37 pages
Date of creation: 07 Sep 2002
Date of revision:
Handle: RePEc:imf:imfwpa:02/159

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Keywords: Public finance ; Bank regulations ; Economic models ;

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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.:
  1. Paul Holden & Daniel C. L. Hardy & Vassili Prokopenko, 2002. "Microfinance Institutions and Public Policy," IMF Working Papers 02/159, International Monetary Fund. [Downloadable!]
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  2. Rahman, Aminur, 1999. "Micro-credit initiatives for equitable and sustainable development: Who pays?," World Development, Elsevier, vol. 27(1), pages 67-82, January. [Downloadable!] (restricted)
  3. Paul Holden & Vassili Prokopenko, 2001. "Financial Development and Poverty Alleviation: Issues and Policy Implications for Developing and Transition Countries," IMF Working Papers 01/160, International Monetary Fund. [Downloadable!]
  4. Jonathan Morduch, 1999. "The Microfinance Promise," Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1569-1614, December. [Downloadable!] (restricted)
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Cited by:
(explanations, 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.)

  1. 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 UMR 5118, Université de Bourgogne. [Downloadable!]
  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. [Downloadable!]
  3. 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. [Downloadable!] (restricted)
  4. Mersland, Roy, 2007. "The cost of ownership in microfinance organization," MPRA Paper 2061, University Library of Munich, Germany. [Downloadable!]
  5. 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. [Downloadable!]
  6. Marek Hudon & Daniel Traca, 2006. "On the Efficiency Effects of Subsidies in Microfinance: An Empirical Inquiry," Working Papers CEB 06-020.RS, Université Libre de Bruxelles, Solvay Brussels School of Economics and Management, Centre Emile Bernheim (CEB). [Downloadable!]
  7. Daniel Hardy & Paul Holden & Vassili Prokopenko, 2003. "Microfinance institutions and public policy," Journal of Policy Reform, Taylor and Francis Journals, vol. 6(3), pages 147-158, September. [Downloadable!] (restricted)
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