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Microfinance and public policy : outreach, performance and efficiency /
This book states to aid agencies and governments to consider efficiency as a robust and reliable criterion to guide their decisions on whether continuing or discounting support from microfinance institutions (MFIS).
| Clasificación: | Libro Electrónico |
|---|---|
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
New York : Geneva :
Palgrave Macmillan ; ILO,
©2007.
|
| Colección: | International Labour Organization (ILO) Century Series.
|
| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Introduction
- Efficiency and sustainability in microfinance / Bernd Balkenhol
- Promise and achievements
- Efficiency in the microfinance literature
- Efficiency: The concept
- Applicability of efficiency concepts in microfinance
- Efficiency versus financial Sustainability
- Structure of the book
- Conceptual framework
- Poverty versus inequality / Amadou Diop, Isabelle Hillenkamp, Jean Michel Servet
- Introduction
- Defining and measuring poverty
- How microfinance can help reduce poverty
- Poverty reduction and financial performance
- Can microfinance reach the poor?
- The harmful side effects: Increased disparities
- Poverty reduction through microfinance: a capability perspective / Flavio Comim
- Introduction
- Who are the poor? What are the issues?
- Positive mechanisms
- Negative mechanisms
- A capability perspective
- Achieving poverty outreach, impact and sustainability: managing trade-offs in microfinance / Anton Simanowitz
- Introduction: Combining social and financial objectives
- Trade-offs
- Managing trade-offs
- Conclusions
- Smart subsidies / Jonathan Morduch
- Introduction Subsidies and microfinance
- Valuing subsidies
- "Crowding in" and "crowding out"
- Conclusions
- Empirical analysis
- Efficiency in microfinance institutions: an application of data envelopment analysis to MFIs in Peru / Yves Flickiger, Anatoli Vassiliev
- Introduction
- Previous research on MFIs' performance evaluation
- Performance analysis methodology
- Data sources and variable construction
- Efficiency analysis with the DEA model
- Conclusions
- Efficiency in financial intermediation: theory and empirical measurement / Thorsten Beck
- Introduction
- Interest spreads and credit rationing: theory
- Interest spreads and credit rationing: cross-country evidence
- Decomposing spreads
- Explaining spreads
- Conclusions and policy lessons
- Efficiency drivers and constraints: Empirical findings / Yousra Hamed
- Introduction
- Methodology
- The data
- MFI clusters
- Performance drivers and constraints
- Conclusions
- Measuring the performance of MFIs: an application of factor analysis / Giovanni Ferro Luzzii and Sylvain Weber
- Introduction
- The data
- Factor analysis: theory and practice
- Cluster analysis
- Assessing what determines performance
- Conclusions
- Selected country studies
- Contextual factors determining poverty outreach and financial performance: the case of Mali / Renata Serra, Fabrizio Botti, and Milasoa Cherel-Robson
- Introduction
- Domestic contextual factors: institutions, state and markets
- External factors: the implications of subsidy withdrawal
- Conclusion
- Contextual factors determining poverty outreach and financial performance: the case of Morocco / Said Filali Meknassi
- Introduction
- Institutional context
- Support by banks
- Subsidies
- Conclusion
- Contextual factors determining poverty outreach and financial performance: the case of Central and Eastern Europe / Jusyna Pytkovwsa
- Introduction
- Access to resources
- Financial performance
- Social performance
- Auctioning subsidies: Chile's "Access to Credit Program" / Vito Sciaraffia Merino
- Introduction
- Micro-enterprises in Chile
- Has the PAC achieved its goals?
- Conclusions
- Policy implications / Bernd Balkenhol
- Global donor support to microfinance
- Weight of subsidies in microfinance
- What prompts public policy support to MFIs?
- General effects of public policy on efficiency in microfinance at the sectoral level
- Support measures affecting the efficiency of individual MFIs
- The way forward: how to support the best of class and the others
- Annex I : GIAN survey
- Annex II. Multivariate analysis and classification: social and financial performance
- Annex III. Multivariate analysis and classification: social and financial performance and efficiency
- Bibliography
- Index.