This paper identifies factors that explain why microfinance institutions are reaching more clients in some countries than in others. To that end, the paper applies a cross-country analysis on a unique dataset covering 115 countries. Results indicate that the microfinance sector is more present in the richer countries of the developing world. It also reaches more clients in countries that receive more international support. Population density plays a positive role, which could in part explain why the sector is still underdeveloped in rural areas. The level of industrialisation and inflation do not seem to influence microfinance outreach, while regional dummies do.

(2008). What macro factors make microfinance institutions reach out? [journal article - articolo]. In SAVINGS AND DEVELOPMENT. Retrieved from http://hdl.handle.net/10446/27414

What macro factors make microfinance institutions reach out?

2008-01-01

Abstract

This paper identifies factors that explain why microfinance institutions are reaching more clients in some countries than in others. To that end, the paper applies a cross-country analysis on a unique dataset covering 115 countries. Results indicate that the microfinance sector is more present in the richer countries of the developing world. It also reaches more clients in countries that receive more international support. Population density plays a positive role, which could in part explain why the sector is still underdeveloped in rural areas. The level of industrialisation and inflation do not seem to influence microfinance outreach, while regional dummies do.
articolo
2008
Cet article identifie les facteurs qui permettent d’expliquer pourquoi la microfinance touche plus de personnes dans certains pays que dans d’autres. Une analyse crosscountry est appliquée sur une base de données originale reprenant 115 pays différents. Les résultats montrent que le secteur de la microfinance est le plus développé au sein des plus riches des pays en voie de développement. De plus; l’article met en avant l’importance de l’aide internationale : la microfinance touchant plus de personnes dans les pays recevant le plus d’aides. La densité de population joue elle-aussi un rôle significatif;ce qui pourrait expliquer au moins partiellement le sous-développement du secteur dans le monde rural. Enfin; le niveau d’industrialisation et le taux d’inflation ne jouent aucun rôle majeur. En revanche; des facteurs régionaux semblent significatifs.
Vanroose, Annabel
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10446/27414
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