|
on Microfinance |
| By: | Mark Pitt |
| Abstract: | “The Impact of Microcredit on the Poor in Bangladesh: Revisiting the Evidence,” by David Roodman and Jonathan Morduch (2014) is the most recent of a sequence of papers and postings that seeks to refute the findings of the Pitt and Khandker (1998) article “The Impact of Group-Based Credit on Poor Households in Bangladesh: Does the Gender of Participants Matter?” that microcredit for women had significant, favorable effects on poverty reduction. This response paper refutes the claims of Roodman and Morduch that were not addressed in the earlier World Bank working paper of Pitt and Khandker (2012). This response paper, like the Pitt and Khandker (2012) paper and others that preceeded it, shows that many of the Roodman and Morduch claims are based on a flawed econometric understanding and a lack of due diligence in formulating and interpreting statistical models. |
| Keywords: | microcredit, microfinance, replication, Bangladesh, Grameen Bank, program evaluation |
| Date: | 2014 |
| URL: | http://d.repec.org/n?u=RePEc:bro:econwp:2014-2&r=mfd |
| By: | Pablo Cotler (Department of Economics, Universidad Iberoamericana, Mexico City. Mexico); Giovanna Aguilar |
| Abstract: | This paper explores some of the reasons that may help explain why the microfinance sectors in Peru and in Mexico have developed so differently. Whereas in Peru, this sector is characterized by financially sustainable institutions operating in a competitive environment with an efficient regulation; in Mexico, the microfinance industry is uncompetitive, regulation is poorly enforced and most of financial institutions are small and underdeveloped. We argue that these differences are partly explained by the approach taken by the authorities. Whereas in Peru microfinance related policies were designed to aid the establishment of sustainable institutions offering a range of financial services, in Mexico they were primarily concerned with the provision of loans Creation date: 2011 |
| URL: | http://d.repec.org/n?u=RePEc:uic:wpaper:0311&r=mfd |
| By: | Santiago Fernandez de Lis; Maria Claudia Llanes; Carlos Lopez-Moctezuma; Juan Carlos Rojas; David Tuesta |
| Abstract: | Colombia has a low level of financial depth. Efforts have been made by governments and the private sector in recent years to encourage the development of models which might provide enhanced access to financial services. These financial inclusion plans are based on creating access channels that can reduce high transaction costs for agents. They use the high level of coverage available through mobile telephony, the gradual development of banking correspondents and regulatory modifications to provide easier access to financial services. Against this background, this work has a twofold objective: first, to analyse recent experiences in the regulatory field with respect to mobile banking in Colombia; and second, to explore the potential for greater development of these programs. The work uses microdata analysis for Colombia to confirm the gradual progress being made in the country, identifying the huge possibilities for promoting an even greater level of financial inclusion |
| Keywords: | Mobile banking, financial inclusion, Colombia |
| JEL: | G21 O16 |
| Date: | 2014–02 |
| URL: | http://d.repec.org/n?u=RePEc:bbv:wpaper:1404&r=mfd |