1,721,091 research outputs found
Financial Liberalization: What Have We Learnt?
Full text linkThis article attempts to study the Philippine experience with financial liberalization. In particular, it examines the impact of interest rate reforms on the flow of loanable funds in the organized financial market.central bank, financial sector, financial reform, financial liberalization, financial services
Addressing Constraints in the Provision of Financial Services to MicSMEs and Poor Households
Full text linkIn order to promote microfinance or the provision of a broad range of financial services to poor and low-income households for their microenterprises and small business endeavors, several financial sector reforms were initiated by the government beginning in the 1990s. Notwithstanding the considerably improved policy environment for microfinance to flourish, however, banks still face a number of constraints in expanding their financial services to the above target beneficiaries. What are these constraints? This Policy Notes outlines some of them and recommends measures to address them.microfinance, poverty, small and medium enterprises, microenterprises
Financial Liberalization: What Have We Learnt?
Full text linkThis article attempts to study the Philippine experience with financial liberalization. In particular, it examines the impact of interest rate reforms on the flow of loanable funds in the organized financial market.central bank, financial sector, financial reform, financial liberalization, financial services
Credit Crunch! Credit Crunch! Credit Crunch?
Full text linkUtilizing macro and micro data, this issue verifies the validity of the claim that there has been a credit crunch since the onset of Asian financial crisis. Results do not lend credence to the hypothesis. Instead, the observed slowdown in the credit market is a reflection of the economic downturn.Asian financial crisis, financial market, money and banking, credit program, credit market, credit access
The Urban Informal Credit markets: An Integrative Report
Full text linkThis paper integrates the major results of the various studies on urban informal credit markets (ICMs). While the terms of references cover a wide range of topics, the peculiar characteristics of the Philippine financial system and the limited budget for the study preclude the study from including all the suggested topics. Nevertheless, the study attempts to pull together what information can be gathered on ICMs.informal financial sectors, credit program, borrowing behavior, credit market, borrower, credit cooperative, credit access
Informal Savings and Credit Institutions in the Urban Areas: The Case of Cooperative Credit Unions
Full text linkLess developed countries are usually characterized by a dualistic financial system: the formal and informal credit system. One form of the latter is the Cooperative Credit Union (CCU), which at present finds shelter in the private and government offices as well as in public markets. Analysis presented in this paper points to the fact that the ten sample CCUs have performed well without government subsidies. Without regulation, they are more likely to introduce more innovations. However, to successfully develop a cooperative, a concerted effort should be developed among leaders.informal financial sectors, credit unions, credit program, credit market, savings
MCSME Promotion Policy and Legislative Agenda: Focus on Monetary Policy. Finance and Credit Programs
Full text linkThe Philippine monetary and banking policies have gone through several changes. Between the creation of the Central Bank and 1985, cheap credit policies have been maintained. Highly specialized banks are created to serve specific sectors. This has resulted to the shortfall of the financial system to meet the demands of the real sector. This paper analyzes the impact of the monetary policy, finance and credit programs on Micro, Cottage, Small and Medium Enterprises (MCSME) development in the Philippines. It also examines corresponding monetary policies, finance and credit programs in Japan, Korea and Taiwan and attempts to draw for the Philippines some lessons and implications from their experience. Recommendations for specific policies and legislative actions for the promotion of MCSMEs are given.financial sector, credit program, monetary policy, credit access, small and medium enterprises
Funds Transfer: Boon or Bane to the Viability of Rural Financial Intermediaries
Full text linkInstitutional credit set up by the government may not necessarily be the major source of funds in the rural areas. In addition, there may be enough funds to support production and to sustain employment if financial resources are not rained. These insights are just few of authors’ findings in this paper. It suggests that addressing the problem of rural financial drain can open up the opportunities to pursue rural development without eroding the national budgetrural sector, financial intermediaries, funds transfer
Going Beyond Counting First Authors in Author Co-citation Analysis
Full text linkThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
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