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Institutions matter: The comparative analysis of institutions

โœ Scribed by Bruno S. Frey


Book ID
115874911
Publisher
Elsevier Science
Year
1990
Tongue
English
Weight
469 KB
Volume
34
Category
Article
ISSN
0014-2921

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## Abstract It is estimated that donors commit between US$ 800 million and US$ 1 billion to microfinance per year. This paper analyses the management of microfinance institutions (MFIs) and its relationship with donors' subsidies. The results show that the level of subsidies granted per year is rel