Microfinance and Public Policy: Outreach, Performance and Efficiency

Front Matter....Pages i-xxiii
Front Matter....Pages 1-1
Efficiency and Sustainability in Microfinance....Pages 3-23
Front Matter....Pages 25-25
Poverty versus Inequality....Pages 27-46
Poverty Reduction through Microfinance: A Capability Perspective....Pages 47-59
Achieving Poverty Outreach, Impact and Sustainability: Managing Trade-offs in Microfinance....Pages 60-71
Smart Subsidies....Pages 72-85
Front Matter....Pages 87-87
Efficiency in Microfinance Institutions: An Application of Data Envelopment Analysis to MFIs in Peru....Pages 89-110
Efficiency in Financial Intermediation: Theory and Empirical Measurement....Pages 111-125
Efficiency Drivers and Constraints: Empirical Findings....Pages 126-152
Measuring the Performance of MFIs: An Application of Factor Analysis....Pages 153-170
Front Matter....Pages 171-171
Contextual Factors Determining Poverty Outreach and Financial Performance: The Case of Mali....Pages 173-183
Contextual Factors Determining Poverty Outreach and Financial Performance: The Case of Morocco....Pages 184-190
Contextual Factors Determining Poverty Outreach and Financial Performance: The Case of Eastern Europe and Central Asia....Pages 191-199
Auctioning Subsidies: Chile’s ‘Access to Credit Program’....Pages 200-208
Front Matter....Pages 209-209
Policy Implications....Pages 211-229
Back Matter....Pages 230-263