Abstract Building on the recent literature on finance, growth and hunger, we have examined the experience of Asian countries over the period 1960–2010 by dynamic and static panel data models. We have found evidence favouring a positive role of finance—defined as private credit by banks—on...

This study investigates the effect of both institutional factors and the macro economy on the financial performance of MFIs. Drawing upon the Microfinance Information Exchange data and cross-country data on macro economy, finance and institutions, we use three stage least squares and...

Under the continued effects of global financial crisis where the donor's investment in microfinance sectors has become shrunk, how the macroeconomic factors or the crisis or the macro-institutional factors would affect the performance of microfinance institutions (MFIs) have become one of the...