Unlocking Potential: The Role of Microfinance in Alleviating Poverty and Inequality

Unlocking Potential: The Role of Microfinance in Alleviating Poverty and Inequality PDF Author: Shalini
Publisher:
ISBN: 9783384253279
Category :
Languages : en
Pages : 0

Get Book Here

Book Description

Unlocking Potential: The Role of Microfinance in Alleviating Poverty and Inequality

Unlocking Potential: The Role of Microfinance in Alleviating Poverty and Inequality PDF Author: Shalini
Publisher:
ISBN: 9783384253279
Category :
Languages : en
Pages : 0

Get Book Here

Book Description


Links Between Growth, Inequality, and Poverty: A Survey

Links Between Growth, Inequality, and Poverty: A Survey PDF Author: Ms. Valerie Cerra
Publisher: International Monetary Fund
ISBN: 1513572660
Category : Business & Economics
Languages : en
Pages : 54

Get Book Here

Book Description
Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.

Myanmar

Myanmar PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292546236
Category : Business & Economics
Languages : en
Pages : 405

Get Book Here

Book Description
After 3 years of historic reforms, Myanmar has entered a pivotal stage in its socioeconomic development. Natural, cultural, and demographic advantages are positioning the country for long-term success, but many challenges and potential pitfalls lie ahead. This publication examines how to leverage the opportunities and offers solutions to the challenges. For Myanmar to achieve its economic transition, considerable investments will have to be made in infrastructure and developing human capital, and progress made on building institutional capacity, a regulatory environment for the private sector to flourish, and a modern finance sector. In all reform efforts, the government should embrace good governance, and strive for inclusive, environmentally sustainable, and regionally connected growth. Ensuring that the benefits of growth are shared broadly and regionally balanced stands out in a crowded development agenda.

The Economics of Microfinance, second edition

The Economics of Microfinance, second edition PDF Author: Beatriz Armendariz
Publisher: MIT Press
ISBN: 0262265516
Category : Business & Economics
Languages : en
Pages : 361

Get Book Here

Book Description
An accessible analysis of the global expansion of financial markets in poor communities, incorporating the latest thinking and evidence. The microfinance revolution has allowed more than 150 million poor people around the world to receive small loans without collateral, build up assets, and buy insurance. The idea that providing access to reliable and affordable financial services can have powerful economic and social effects has captured the imagination of policymakers, activists, bankers, and researchers around the world; the 2006 Nobel Peace Prize went to microfinance pioneer Muhammed Yunis and Grameen Bank of Bangladesh. This book offers an accessible and engaging analysis of the global expansion of financial markets in poor communities. It introduces readers to the key ideas driving microfinance, integrating theory with empirical data and addressing a range of issues, including savings and insurance, the role of women, impact measurement, and management incentives. This second edition has been updated throughout to reflect the latest data. A new chapter on commercialization describes the rapid growth in investment in microfinance institutions and the tensions inherent in the efforts to meet both social and financial objectives. The chapters on credit contracts, savings and insurance, and gender have been expanded substantially; a new section in the chapter on impact measurement describes the growing importance of randomized controlled trials; and the chapter on managing microfinance offers a new perspective on governance issues in transforming institutions. Appendixes and problem sets cover technical material.

Microfinance and Poverty

Microfinance and Poverty PDF Author: Shahidur R. Khandker
Publisher:
ISBN:
Category : Electronic book
Languages : en
Pages :

Get Book Here

Book Description


The Microfinance Revolution

The Microfinance Revolution PDF Author: Marguerite Robinson
Publisher: World Bank Publications
ISBN: 0821383388
Category : Business & Economics
Languages : en
Pages : 358

Get Book Here

Book Description
Around the world, a revolution is occurring in finance for low-income people. The microfinance revolution is delivering financial services to the economically active poor on a large scale through competing, financially self-sufficient institutions. In a few countries this has already happened; in others it is under way. The emerging microfinance industry has profound implications for social and economic development. For the first time in history, capital is well on its way to being democratized. 'The Microfinance Revolution', in three volumes, is aimed at a diverse readership - economists, bankers, policymakers, donors, and social scientists; microfinance practitioners and specialists in local finance and rural and urban development; and members of the general public interested in development. This first volume, 'Sustainable Finance for the Poor', focuses on the shift from government- and donor-subsidized credit systems to self-sufficient microfinance institutions providing voluntary savings and credit services.

The Future of Microfinance

The Future of Microfinance PDF Author: Ira W. Lieberman
Publisher: Brookings Institution Press
ISBN: 0815737645
Category : Business & Economics
Languages : en
Pages : 493

Get Book Here

Book Description
A major source of financing for the poor and no longer a niche industry Over the past four decades, microfinance—the provision of loans, savings, and insurance to small businesses and entrepreneurs shut out of traditional capital markets—has grown from a niche service in Bangladesh and a few other countries to a significant global source of financing. Some 200 million people globally now receive support from microfinance institutions, with most of the recipients in the developing world. In the beginning, much of the microfinance industry was managed by non-governmental organizations, but today the majority of these institutions are commercial and regulated by governments, and they provide safe places for the poor to save, as well as offering much-needed capital and other financial services. Now out of infancy, the microfinance industry faces major challenges, including its ability to deal with mobile banking and other technology and concerns that some markets are now over-saturated with microfinance. How the industry deals with these and other challenges will determine whether it will continue to grow or will be subsumed within the larger global financial sector. This book is based on the results of a workshop at Lehigh University among thirty-four leaders in the industry. The editors, working with contributions from more than a dozen leading authorities in the field, tell the important story of how microfinance developed, how it has met the needs of hundreds of millions of people, and they address key questions about how it can continue to meet those needs in the future.

Confessions of a Microfinance Heretic

Confessions of a Microfinance Heretic PDF Author: Hugh Sinclair
Publisher: Berrett-Koehler Publishers
ISBN: 1609945182
Category : Business & Economics
Languages : en
Pages : 290

Get Book Here

Book Description
Microfinance insider Hugh Sinclair weaves a shocking tale of an industry focused on maximizing profits and plagued by predatory lending practices, scandals, cover-ups and corruption.

Financial Inclusion: What Have We Learned So Far? What Do We Have to Learn?

Financial Inclusion: What Have We Learned So Far? What Do We Have to Learn? PDF Author: Adolfo Barajas
Publisher:
ISBN: 9781513553009
Category :
Languages : en
Pages : 51

Get Book Here

Book Description
The past two decades have seen a rapid increase in interest in financial inclusion, both from policymakers and researchers. This paper surveys the main findings from the literature, documenting the trends over time and gaps that have arisen across regions, income levels, and gender, among others. It points out that structural, as well as policy-related, factors, such as encouraging banking competition or channeling government payments through bank accounts, play an important role, and describes the potential macro and microeconomic benefits that can be derived from greater financial inclusion. It argues that policy should aim to identify and reduce frictions holding back financial inclusion, rather than targeting specific levels of inclusion. Finally, it suggests areas for future research.

Fintech

Fintech PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498321860
Category : Business & Economics
Languages : en
Pages : 73

Get Book Here

Book Description
The paper finds that while there are important regional and national differences, countries are broadly embracing the opportunities of fintech to boost economic growth and inclusion, while balancing risks to stability and integrity.