Search results for "Developing"
showing 10 items of 417 documents
The Impact of Entrepreneur-CEOs in Microfinance Institutions: A Global Survey
2013
- Peer reviewed Microfinance is a global high-growth industry, in which entrepreneurship is prevalent and substantial. Based on the theoretical argument that microfinance entrepreneur-CEOs are “motivated agents” with a unique ability to hire and socialize mission-oriented staff, we hypothesize that these CEOs produce more sustainable microfinance institutions with better social performance and lower costs. This study utilizes data from 295 microfinance institutions in 73 developing countries, assessed between 1998 and 2010. Our empirical evidence suggests that entrepreneur-managed microfinance institutions feature higher social performance, greater financial sustainability, and lower costs.
On the mechanics of progress in primary education
2003
03045; International audience; As countries grow rich, education improves in many ways. The sector enjoys more resources for education per primary school-aged child, not because of bigger budget allocations, nor an easing of the demographic burden on the system, but because the cost of inputs, especially teacher salaries, decline substantially relative to the per capita GNP. The extra resources enable countries to expand coverage and reduce the pupil–teacher ratio, with the latter receiving increasing emphasis during the past 20 years. The implicit trade-off against coverage raises questions about the efficiency and equity of education policies in developing countries, particularly in setti…
The Role of Capital and Liquidity in Bank Lending: Are Banks Safer?
2020
The aim of this paper is to examine whether and to what extent bank capital requirements and liquidity standards influence the level of bank stability. Our approach is that both capital and liquidity affect lending growth, which in turn affects bank stability. We construct a panel dataset on a sample of 2,054 commercial banks from 117 developed and developing countries during the 2000–16 period. By applying a two-stage least squares (2SLS) empirical methodology, our findings show that capital and liquidity have a negative direct impact on the level of bank stability. However, this influence is counteracted by an indirect positive effect through the increased level of credit. Our results are…
Human capital and income inequality revisited
2021
This paper revisits the relationship between human capital and income inequality, using an updated data set on human capital inequality and a novel database on earnings inequality. We find an inver...
Demand for Primary Schooling in Rural Mali : Should User Fees Be Increased ?
1996
International audience; This paper presents estimates of the price elasticity of demand for primary schooling, using household and school survey data from rural Mali. The elasticity of enrolment with respect to the local school fee is compared with the effects on enrolment of distance to the school and various indicators of school quality, including books per classroom and the number of grades offered. Fees have a negative effect; however, certain improvements in school quality could easily offset in terms of enrolment any negative effect of higher fees to finance such improvements. For example, the astonishingly low average of two books per classroom could be doubled for a 10 per cent incr…
Causes of a Growing Judicial Litigation: Empirical Analysis of a Case
1991
In Spain, judicial litigation has grown considerably since 1959 to 1987, both in absolute and relative dimensions. This trend is especially accentuated in the criminal and in the contentious-administrative jurisdictional areas. By applying an interdisciplinary (economic, juridical, sociological political …) approach, the characteristics of this phenomenon are summarized in this paper, and their numerous and complex causes are analysed. Some of these causes can be considered socially positive, as they seem connected with a greater economic and social development in the country that allows citizens to appeal more frequently and directly to justice courts; but others show a worsening in the s…
The Strategy Used by High-Performing Asian Economies in Education : Some Lessons for Developing Countries
1998
International audience; The paper examines the main features of the educational policies followed over the last three decades by high-performing Asian economies. The educational strategy is contrasted with that of the other countries located in the same region. The issues analyzed concern the emphasis placed on the different levels of schooling, the choices made in terms of quantity and quality of education, the schemes used to finance education at the different levels and the choice of school inputs toward efficiency and equity.
New Firm Survival in Developing Countries: Evidence From Kosovo
2019
This paper examines both newborn firm survival and firm turnover in Kosovo using the population of new firms and registry information on active firms from 2008 to 2012. Survival analysis is employed to analyze the impact of firm- and industry-level characteristics on survival. We find that the hazard rate has an inverted U-shape relationship with both firm age and firm size. The risk of failure increases over the first two years and later decreases. In addition, firms with one employee and more than 10 employees enjoy better survival prospects than medium-sized companies. Interestingly, very large firms do not face fewer risks than very small companies. When compared to other developing cou…
Mass education or a minority well educated elite in the process of growth: The case of India
2013
Abstract This paper analyzes whether mass education is more growth enhancing in developing countries than having a minority well educated elite. Using Indian Census data as a benchmark and enrollment rates at different levels of education, we compute annual attainment levels for a panel of 16 Indian states from 1961 to 2001. Results indicate that if the reduction in illiteracy stops at the primary level of education, it is not worthwhile for growth. Instead, the findings reveal a strong and significant effect on growth of a greater share of population completing tertiary education. The economic impact is also found to be large: a one percent change in tertiary education has the same effect …
Education for all by 2015
2002
At the World Education Forum in Dakar, Senegal, in 2000, officials from 180 countries set a challenging goal: ensuring access to primary education for all children by 2015