The well-intentioned objective of state-owned development finance institutions is too often subjected to political influence. Politicized mandates place undue emphasis on credit outflows over recovery. Poor lending practices weaken the state-owned institutions financially and make them continually dependent on government or external donor funds. Bank Rakyat Indonesia (BRI) is one of the few state-owned institutions that overcame problems that typically...
Voir la suite
INFORMATION
-
1997/12/01
-
Fiche
-
18606
-
1
-
1
-
2005/09/20
-
Disclosed
-
State-owned development banks in microfinance
-
Development banks