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Microfinance in post-disaster and post-conflict situations: Turning victims into shareholders

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  • Marek Hudon
  • Hans Dieter Seibel

Abstract

In recent years, large numbers of developing and transitional countries have ex¬peri¬enced situations of crisis, following political, economic or natural disasters, or total crisis, triggered by war or totalitarian oppression. The goal of this article is to study the role of member-owned institutions (MOIs) in the provision of the reparations for victims of human rights abuses or reconstruction in post-conflict and post-disaster situations. We argue that grants usually awarded for reconstruction in post-conflict areas or for reparations payments in post-disaster areas could be best turned into equity and deposits to foster MOIs. MOIs are found to be an appropriate institutional framework, to make the benefits of one-off payments more sustainable and also reinforce the financial sector.

Suggested Citation

  • Marek Hudon & Hans Dieter Seibel, 2007. "Microfinance in post-disaster and post-conflict situations: Turning victims into shareholders," Working Papers CEB 07-002.RS, ULB -- Universite Libre de Bruxelles.
  • Handle: RePEc:sol:wpaper:07-002
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    1. repec:eee:joreco:v:23:y:2015:i:c:p:39-48 is not listed on IDEAS

    More about this item

    Keywords

    microfinance; conflict; disaster; repayment; human right.;

    JEL classification:

    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

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