This paper describes a new index of the quality of the business environment for microfinance institutions (the Global Microscope on the Microfinance Business Environment). Regressions are used to validate the index by linking it and its subcomponents to microfinance outcomes. The main findings are that the components of the index related to the supporting institutional framework are strongly linked to measures of microfinance penetration (such as...
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INFORMATION
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2013/09/01
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Document de travail de recherche sur les politiques
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WPS6625
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1
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1
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2013/09/01
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Disclosed
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A new index of the business environment for microfinance
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Finance & Private Sector Development
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