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Author/Editor:
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Hardy, Daniel C. L. ; Holden, Paul ; Prokopenko, Vassili
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Publication Date:
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September 01, 2002
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Electronic Access:
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Free Full text
(PDF file size is 1,329KB).
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Adobe Acrobat Reader
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
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Summary:
Many governments and nongovernmental organizations have adopted policies to promote the growth of microfinance institutions (MFIs). The appropriate level and form of support for MFIs are discussed in this paper on the basis of a review of key MFI characteristics. Governments are also responsible for the regulation of MFIs; here, some principles concerning the extent and coverage of MFI regulation and supervision are developed.
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Series:
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Working Paper No. 02/159
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Subject(s):
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Public finance | Bank regulations | Economic models
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Author's Keyword(s):
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microfinance | microcredit | bank regulation |
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