Financing Local Economic Development: In Search of the Optimal Local Financial System
10 Pages Posted: 27 Mar 2016
Date Written: June 26, 2013
This paper looks at the financing of local economic development and what history says are the best models. It compares the success of more interventionist local financial models to more recent but unsuccessful neoliberal-inspired local financial models, such as microfinance.
Keywords: SME, local economic development, microfinance, cooperatives, financial institutions
JEL Classification: G2, J4, J46, L5, O4
Suggested Citation: Suggested Citation