The Role of Informal Institutions in Microfinance: In Jamaica and Trinidad & Tobago - Couverture souple

Malaki, Akhil

 
9783836487283: The Role of Informal Institutions in Microfinance: In Jamaica and Trinidad & Tobago
Couverture souple
ISBN 10 : 3836487284 ISBN 13 : 9783836487283
Editeur : VDM Verlag Dr. Müller, 2008

Synopsis

This study is about informal institutions in informal finance and microfinance in Jamaica and Trinidad-Tobago. Informal institutions are understood as unwritten social norms that cater to specific needs in the society, and can be indirectly captured and measured in their outcome. The institutional framework of this study helps capture the institutional dynamics and the processes in informal finance and microfinance. The framework demonstrates that informal institutions exist in both informal finance and formal microfinance, exposes the interface between financial intermediaries and the informal institutions through certain mechanisms like joint liability and social collateral that reduce information asymmetries and transactions costs. The study also includes an empirical investigation of client needs, preference and benefits that provides the evidence as to why they subscribe to informal institutions via the various financial intermediaries. Academics and students in the area of institutional analysis would particularly find this study of interest. The study also provides some insights to microfinance practitioners in the Caribbean regarding client preferences.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

This study is about informal institutions in informal finance and microfinance in Jamaica and Trinidad-Tobago. Informal institutions are understood as unwritten social norms that cater to specific needs in the society, and can be indirectly captured and measured in their outcome. The institutional framework of this study helps capture the institutional dynamics and the processes in informal finance and microfinance. The framework demonstrates that informal institutions exist in both informal finance and formal microfinance, exposes the interface between financial intermediaries and the informal institutions through certain mechanisms like joint liability and social collateral that reduce information asymmetries and transactions costs. The study also includes an empirical investigation of client needs, preference and benefits that provides the evidence as to why they subscribe to informal institutions via the various financial intermediaries. Academics and students in the area of institutional analysis would particularly find this study of interest. The study also provides some insights to microfinance practitioners in the Caribbean regarding client preferences.

Biographie de l'auteur

Akhil Malaki, Ph.D.: Studied Economic History and Development Studies at Stockholm University,where he currently works as Assistant Professor. His interdisciplinary research interests are in the areas of microfinance, international development studies and Caribbean studies. He also completed the Boulder Microfinance Training Program, ILO, Turin.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
VDM Verlag Dr. Müller
Date d'édition
2008
Langue
anglais
ISBN 10 
3836487284
ISBN 13 
9783836487283
Reliure
Broché
Nombre de pages
184
Coordonnées du fabricant
non disponible
Personne responsable
non disponible