IDEAS home Printed from https://ideas.repec.org/a/caa/jnlage/v57y2011i11id52-2011-agricecon.html

Microfinance as a suitable instrument of European and Czech development cooperation

Author

Listed:
  • Karel SRNEC

    (Institute of Tropics and Subtropics, Czech University of Life Sciences, Prague, Czech Republic)

  • Jiřina SVITÁKOVÁ

    (Institute of Tropics and Subtropics, Czech University of Life Sciences, Prague, Czech Republic)

  • Magdalena VÝBORNÁ

    (Institute of Tropics and Subtropics, Czech University of Life Sciences, Prague, Czech Republic)

  • Pavel BURIAN

    (Institute of Tropics and Subtropics, Czech University of Life Sciences, Prague, Czech Republic)

Abstract

European countries use microfinance as an instrument of development cooperation in three separate forms, which differ in the financial flow. In the first type, the government transfers grant money to their non-government organizations (NGOs), which then distribute the funds directly to the local microfinance institutions (MFIs) (eg. Finland). In the second form, the funds are sent through to the branch-offices of the NGOs located in the developed country to developing countries (eg. Norway, Sweden). The third type allows for a direct relationship between a donor country development co-operation agency and a local microfinance institution in a developing country without intermediation of the developed country NGOs (eg. Great Britain, Germany). The Czech Republic currently does not support microfinance by the direct/indirect transfer of funds, but it promotes the awareness of the Czech NGOs and the public of microfinance as a tool for the economic development.

Suggested Citation

  • Karel SRNEC & Jiřina SVITÁKOVÁ & Magdalena VÝBORNÁ & Pavel BURIAN, 2011. "Microfinance as a suitable instrument of European and Czech development cooperation," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 57(11), pages 529-533.
    • Handle: RePEc:caa:jnlage:v:57:y:2011:i:11:id:52-2011-agricecon
    DOI: 10.17221/52/2011-AGRICECON
    as

    Download full text from publisher

    File URL: http://agricecon.agriculturejournals.cz/doi/10.17221/52/2011-AGRICECON.html
    Download Restriction: free of charge
    File URL: https://libkey.io/10.17221/52/2011-AGRICECON?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. repec:wbk:wbpubs:7086 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:caa:jnlage:v:57:y:2011:i:11:id:52-2011-agricecon. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ivo Andrle (email available below). General contact details of provider: https://www.cazv.cz/en/home/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.