Recent Developments in Microfinance and Beyond
Posted: 11 Nov 2011
There are 2 versions of this paper
Recent Developments in Microfinance and Beyond
Date Written: January 10, 2011
Abstract
This paper surveys recent research on micro-finance and suggests directions for future research. New empirical evidence has emerged, and new theoretical models have resolved some issues. The paper selectively examines recent findings, particularly theoretical and empirical works that deal with the financial and social goals that micro-credit must fulfill to provide long-term sustainable poverty reduction. Finally, some issues for which new research is needed are identified.
Keywords: micro-finance, credit risk, outreach and financial sustainability, inclusive finance, regulation and supervision, impact evaluation, group lending, products, supply and demand
JEL Classification: G21
Suggested Citation: Suggested Citation