Although the word finance is in the term microfinance, and the core elements of microfinance are those of the finance discipline, microfinance has yet to break into the mainstream or entrepreneurial finance literature. The purpose of this article is to introduce the finance academic community to...

Microcomparison, or single-component analysis, of health care systems offers a potentially better basis for reform than traditional macrocomparison analysis of aggregate elements. Using macroanalysis, available evidence shows that Germany provides cheaper but more effective hospital care than...

This paper investigates the relationship between the probability of default of lesser developed country commercial bank debt and the level of debt reduction granted by commercial banks. The analysis tests this relationship by regressing debt reduction totals for 29 middle-income debtors on 11...