This work proposes to provide an overview of the research carried out over the last twenty years by a number of authors who have focused their research on credit unions and their cooperative groups. The intention is not to provide an exhaustive list of all the works that have been published, but...

The objective of this report is to analyze whether development banks in Germany, Spain and Brazil have made a strategic counter during the current crisis. The development banks (necessarily consistent with public policy) are a tool that can address the countercyclical strategy that could drive...

The rise of commercialization in microfinance we have witnessed in the last two decades has revived the debate about the trade-off between the sustainability and depth of outreach of the Microfinance Organizations (MFOs). We find evidence of such trade-off for the Peruvian MFOs (meaning that...

Microfinance institutions (MFIs) have been successful in providing credit to millions of low-income borrowers in groups previously excluded from formal financial services, but they often charge interest rates that many claim are excessive. We examine microfinance interest rates and their...

De acuerdo a la teoría económica y la literatura empírica, el sistema por su rol de intermediación financiera, cumple un importante papel en la promoción del crecimiento económico. Sin embargo, en el caso boliviano la evidencia empírica existente es limitada, por lo cual este trabajo...

Spanish Abstract: A diferencia de los estudios que han analizado la amplitud, en esta investigación estudiamos la profundidad del alcance del programa de microfinanzas. Utilizamos una encuesta primaria de 351 mujeres en México para evaluar cuál categoría de los pobres está siendo atendida...

Spanish Abstract: ¿Renuncian los productores agrícolas a inversiones rentables debido al conflicto civil? La respuesta a esta pregunta es fundamental para entender los costos de la violencia, pero requiere poder medir la voluntad de inversión de los agricultores y acceder a una fuente de...

English Abstract: This study aims to empirically examine the effect of intellectual capital, bank size, and market share on the efficiency of commercial banks in Indonesia from 2013 to 2017. The results of a panel data analysis of two models show that intellectual capital (calculated...

Spanish Abstract: La expansión del Internet ha facilitado el acceso y uso de servicios financieros. Sin embargo, no es claro si estos beneficios se manifiestan en los municipios rurales de Colombia, que históricamente han tenido una menor cobertura bancaria y de Internet. Utilizando datos del...