The Efficiency of Multi-Tier Savings and Credit Cooperatives in Developing Countries
As a means of fighting poverty, the support of microfinance institutions has gained major significance in development aid. However, the widespread expectation that these institutions would quickly become self-sustaining has so far only rarely been fulfilled. This applies in particular to multi-tier savings and credit cooperatives, whose way of functioning is examined in the present study using innovative organisation- and cost-analysis instruments. The analysis reveals the dominance of the upper institutional levels, which attempt to position themselves as intermediaries for public development aid and as a result generate extremely inefficient operations, instead of providing efficient support services for the lower level institutions. To enable multi-tier savings and credit cooperatives to develop their full potential, radical reforms and a change of attitude on the part of the cooperative managers and international donors are needed.
| Autor: | Gounot, Marcel |
|---|---|
| EAN: | 9783631377376 |
| Sprache: | Englisch |
| Seitenzahl: | 206 |
| Produktart: | kartoniert, broschiert |
| Verlag: | Peter Lang |
| Untertitel: | A Study Based on Empirical Research in West Africa. Dissertationsschrift |
| Schlagworte: | Multi Volkswirtschaft |
| Größe: | 148 × 210 |
| Gewicht: | 310 g |
