- Determining the effect of regulation on Microfinance Institutions Financial Self-Sustainability. A Cross-Country Comparison
- Hunt, Katherine <1985>
Subject
- IUS/05 Diritto dell'economia
Description
- Microfinance is an initiative which seeks to address financial inclusion, micro-entrepreneurship, and poverty reduction without over burdening governments. However, the current sector of microfinance is still heavily dependent on the good will of donors. The over-reliance on donations is a feature which threatens the long term sustainability of microfinance. Much has been written about this reliance, but research to date hasn’t empirically examined the effect of regulation as a mediator. This is a critical area of study because regulation directly affects Microfinance Institutions’ (MFI) innovation, and innovation is what shapes the future of microfinance. This thesis considers the role that regulation plays in affecting MFI’s and their ability to innovate in products, services and long-term sustainability via access to capital. Interviews were undertaken with stakeholders in MFI’s, NGO’s, Self-Regulating Bodies, and Regulators in India, Pakistan, and Bangladesh. This thesis discusses findings from interviews in relation to regulatory measures regarding financial self-sustainability of MFI’s. The conclusions of this thesis have implications for policy and inform the microfinance literature.
Date
- 2014-12-16
Type
- Doctoral Thesis
- PeerReviewed
Format
- application/pdf
Identifier
urn:nbn:it:unibo-13839
Hunt, Katherine (2014) Determining the effect of regulation on Microfinance Institutions Financial Self-Sustainability. A Cross-Country Comparison , [Dissertation thesis], Alma Mater Studiorum Università di Bologna. Dottorato di ricerca in European doctorate in law and economics