Microfinance and public policy outreach, performance and efficiency /

Bibliographic Details
Corporate Author: ProQuest (Firm)
Other Authors: Balkenhol, Bernd.
Format: Electronic eBook
Language:English
Published: New York : [Geneva] : Palgrave Macmillan ; International Labour Organization, c2007.
Subjects:
Online Access:Click to View
Table of Contents:
  • 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.