Microfinance, EU Structural Funds and Capacity Building for Managing Authorities : A Comparative Analysis of European Convergence Regions.

Bibliographic Details
Main Author: Porretta, Pasqualina.
Other Authors: Pes, Giovanni.
Format: eBook
Language:English
Published: London : Palgrave Macmillan UK, 2015.
Edition:1st ed.
Series:Palgrave Studies in Impact Finance Series
Subjects:
Online Access:Click to View
Table of Contents:
  • Cover
  • Half-Title
  • Title
  • Copyright
  • Contents
  • List of Boxes
  • List of Charts
  • List of Figures
  • List of Tables
  • Foreword
  • Preface
  • Notes on Contributors
  • Part I EU Structural Funds, Microenterprise and Non-financial Services
  • 1 Financial Crises and EU Credit Access Policy
  • 1.1 Methodology and purposes of the research
  • 1.2 Small businesses and microenterprises in the EU economy: introduction
  • 1.3 The importance of the SMEs in the European economy
  • 1.4 Typical financial profiles, in particular with regard to microenterprises
  • 1.5 The supply of credit in the years of crisis
  • 1.6 Some summary considerations on data examined
  • 1.7 Access to credit in the European Commission's view
  • 1.8 European Investment Bank: mission and operating methods
  • 1.9 What is the EIF?
  • 1.10 The main financial instruments 2007-2013
  • 1.11 GIF
  • 1.11.1 Statistical data
  • 1.12 The SMEG
  • 1.12.1 Statistical data
  • 1.13 The CBS
  • 1.14 Financial engineering instruments
  • 1.14.1 JEREMIE
  • 1.14.2 The advantages of the JEREMIE programme
  • 1.14.3 JESSICA
  • 1.14.4 JASPERS
  • Statistical data
  • 1.14.5 JASMINE
  • Summary of data collected on financial engineering instruments
  • 1.15 COSME 2014-2020
  • 1.16 EFG
  • 1.17 LGF
  • 2 EU Cohesion Policy and Microfinance
  • 2.1 Cohesion policy, EU structural funds and financial engineering instruments: regulatory framework and operational features under the programming periods 2000-2006 and 2007-2013
  • 2.1.1 The regulatory framework in the programming period 2000-2006: first implementing provisions in regulation (EC) no. 448/2004
  • 2.1.2 The regulatory framework of the programming period 2007-2013: specific features of the financial engineering instruments
  • The general regulation (EC) no. 1083/2006 and implementing provisions in regulation (EC) no. 1828/2006.
  • The Coordination Committee of the Funds (COCOF) notes
  • 2.2 Financial instruments in the cohesion policy 2014-2020: regulatory framework
  • 2.2.1 The main amendments compared to previous programming periods
  • 2.3 The control system
  • 2.4 Structural funds and microfinance
  • 2.5 Implementing a microfinance programme through the structural funds
  • 2.5.1 Some examples in Europe
  • 3 EU Financial Engineering and Microfinance Non-financial Service: A Case Study
  • 3.1 The ESF and the credit access of microenterprises
  • 3.1.1 The problem of access to credit for microenterprises
  • 3.1.2 European Social Fund and access to credit of microenterprises
  • 3.2 The ESF and access to credit for microenterprises: a case study from Germany
  • 3.2.1 History of microfinance in Germany
  • The pilot phase (2000-2004)
  • The consolidation phase (2005-2009)
  • Roll-out (2010-today)
  • Appraisal of ESF support for microcredit in Germany
  • 3.3 Microfinance and non-financial services: the European resources to sustain non-financial services
  • 3.4 The new European plans
  • 3.5 Non-financial services: advantages and operational features
  • 3.5.1 Types of non-financial services
  • 3.5.2 Who funds the non-financial services?
  • 3.6 Partnerships in delivery financial and BDSS services to the microcredit beneficiaries in Romania
  • 3.6.1 Case study 1. Partnership in the delivery of integrated financial and business development services: FAER NBFI and FAER Foundation
  • 3.6.2 Case study 2. Partnership in the delivery of integrated financial and BDS services: RoCredit-NBFI and Eurom business consulting company
  • Brief description of the BDS services
  • First phase
  • Second phase
  • Third phase (ongoing)
  • Sustainability
  • Sustainability of the "client first" initiative
  • Impact
  • 4 Microfinance and Capacity Building in the EU Policy.
  • 4.1 Microcredit in the new EU programmes: the role of the Italian National Agency for Microcredit and the Capacity Building project
  • 4.1.1 Microcredit in the new EU programmes
  • 4.1.2 The role of the Italian National Agency for Microcredit in the Capacity Building project
  • 4.2 Microleasing, microinsurance, social housing: the new frontiers for European microfinance
  • 4.3 Microleasing: introduction and Capacity Building project issues
  • 4.4 Microinsurance: a solution just for the "developing countries"?
  • 4.4.1 Introduction
  • 4.4.2 Microinsurance: definition, literature and regulatory profiles
  • 4.4.3 Microinsurance: subjects involved
  • Provision of microinsurance
  • 4.4.4 Demand for microinsurance
  • 4.4.5 Microinsurance: products and distribution channels
  • 4.4.6 Microinsurance in the developed countries: strengths and weaknesses
  • 4.4.7 Some conclusions on microinsurance
  • 4.5 Social housing: introduction and the Capacity Building project issues
  • 4.5.1 New developments of housing policies in the European Union
  • 4.5.2 Social housing and housing microfinance
  • 4.5.3 The Capacity Building project. Social microcredit to support local housing policies: new instruments for social inclusion
  • 4.5.4 Possible developments within the programming period 2014-2020: the Italian case
  • 4.6 Housing microcredit: the French case
  • 4.6.1 Introduction
  • 4.6.2 Context of the experimentation
  • General overview of personal microcredit in France
  • Energy poverty: a rising problem
  • 4.6.3 Main characteristics of housing microcredit
  • Target group
  • Amount, duration, cost
  • Eligible works
  • Credit assessment methodology: combining energy efficiency and financial expertise
  • 4.6.4 A shared-value approach
  • Expected impacts
  • Environmental impact
  • Impact on the beneficiaries
  • Financial impact
  • Sustainability: a multistakeholder approach.
  • 4.6.5 Lessons learned: first insights
  • An important demand
  • Clients' profile
  • Types of projects
  • Some obstacles
  • New stakeholders, mainly suppliers
  • Part II The Capacity Building Surveys: Results and Reflections
  • 5 Capacity Building Surveys
  • 5.1 Methodological framework: aims, questionnaires
  • 5.2 The managing authorities' interest and needs in capacity building activities
  • 5.3 The questionnaire: the investigation area
  • 5.4 The sample used
  • 5.5 Main results
  • 5.5.1 Thematic objectives
  • 5.5.2 Ex ante conditionalities
  • 5.5.3 Programming
  • 5.5.4 Management
  • 5.5.5 Evaluation and monitoring
  • 5.5.6 Financial management and control of the operational management
  • 5.6 Conclusions on first survey
  • 5.7 Second survey: aims, investigation areas and sample used
  • 5.8 The main results of the survey: first considerations
  • 5.8.1 Analysis of the main results of the microcredit/microfinance programming activity
  • 5.8.2 Monitoring and reporting activities
  • 5.8.3 Regulatory framework of microcredit/microfinance sector and other
  • 5.9 Reflections on the second survey
  • Final Reflections
  • Conclusions
  • Bibliography
  • Index.