Cull, Robert; Navajas, Sergio; Nishida, Ippei; Zeiler, … - In: World Development 70 (2015) C, pp. 357-388
This paper describes a new index of the quality of the business environment for microfinance institutions (the Global … Microscope on the Microfinance Business Environment). Regressions are used to validate the index by linking it and its sub …-components to microfinance outcomes. The main findings are that the components of the index related to the supporting institutional …