Brazil is well behind most other countries in Latin America in the development of its microfinance industry. The most common explanations for the slow growth of microfinance in Brazil are a) the country's macroeconomic instability until fairly recently, b) the "crowding-out" effect of subsidized government credit lines, and c) legal and regulatory impediments faced by nonbank institutions. While all of these factors likely create constraints on microfinance...
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详细
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2001/09/30
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工作文件（编号系列）
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23236
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1
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1
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2010/07/01
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Microfinance prospects in Brazil
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environmentally and socially sustainable development sector