Microfinance Institutions and Public Policy

36 Pages Posted: 1 Feb 2006

See all articles by Daniel Hardy

Daniel Hardy

International Monetary Fund (IMF)

Paul Holden

The Enterprise Research Institute

Vassili Prokopenko

International Monetary Fund (IMF) - Monetary and Financial Systems Department

Date Written: September 2002

Abstract

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.

Keywords: microfinance, microcredit, bank regulation

JEL Classification: G21, G28, O16

Suggested Citation

Hardy, Daniel and Holden, Paul and Prokopenko, Vassili, Microfinance Institutions and Public Policy (September 2002). IMF Working Paper No. 02/159, Available at SSRN: https://ssrn.com/abstract=879990

Daniel Hardy (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

Paul Holden

The Enterprise Research Institute ( email )

601 North Taylor Street
Gunnison, CO 81230
United States
97041 5323 6 (Phone)

HOME PAGE: http://www.erinstitute.org

Vassili Prokopenko

International Monetary Fund (IMF) - Monetary and Financial Systems Department ( email )

Washington, DC
United States

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