THE ISSUES OF MICROFINANCE IN DEVELOPING COUNTRIES

The article is dedicated to the discussion of the problems of microfinance in developing countries through a detailed analysis of the history and politics of development, operation and regulation of the microfinance sector. Further the article explores the reasons for the failure of microfinance dev...

Full description

Saved in:
Bibliographic Details
Main Author: Artak T. Yarazyan
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2016-08-01
Series:Статистика и экономика
Subjects:
Online Access:https://statecon.rea.ru/jour/article/view/481
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1849250526847303680
author Artak T. Yarazyan
author_facet Artak T. Yarazyan
author_sort Artak T. Yarazyan
collection DOAJ
description The article is dedicated to the discussion of the problems of microfinance in developing countries through a detailed analysis of the history and politics of development, operation and regulation of the microfinance sector. Further the article explores the reasons for the failure of microfinance development programs based on the experience of individual countries, and provides a theoretical basis for it. The article also examines policies of microfinance institutions (MFIs), which in some cases, cause significant harm to local production instead of maintaining it. In the final part the article discusses the negative derivative effects of the microfinance application, which is still relevant in many states.
format Article
id doaj-art-a32e3fba195346e9b197823981ecb921
institution Kabale University
issn 2500-3925
language Russian
publishDate 2016-08-01
publisher Plekhanov Russian University of Economics
record_format Article
series Статистика и экономика
spelling doaj-art-a32e3fba195346e9b197823981ecb9212025-08-20T03:57:12ZrusPlekhanov Russian University of EconomicsСтатистика и экономика2500-39252016-08-010412913210.21686/2500-3925-2014-4-129-132480THE ISSUES OF MICROFINANCE IN DEVELOPING COUNTRIESArtak T. Yarazyan0Moscow State University of Economics, Statistics and Informatics (MESI)The article is dedicated to the discussion of the problems of microfinance in developing countries through a detailed analysis of the history and politics of development, operation and regulation of the microfinance sector. Further the article explores the reasons for the failure of microfinance development programs based on the experience of individual countries, and provides a theoretical basis for it. The article also examines policies of microfinance institutions (MFIs), which in some cases, cause significant harm to local production instead of maintaining it. In the final part the article discusses the negative derivative effects of the microfinance application, which is still relevant in many states.https://statecon.rea.ru/jour/article/view/481микрофинансиро ваниестановлениепроблематикаразвивающейсяпровалнегативные последствияопытполитика мфоmicrofinanceformationprob lemsdevelopingfailureadverse effectsexperiencemfis policy
spellingShingle Artak T. Yarazyan
THE ISSUES OF MICROFINANCE IN DEVELOPING COUNTRIES
Статистика и экономика
микрофинансиро вание
становление
проблематика
развивающейся
провал
негативные последствия
опыт
политика мфо
microfinance
formation
prob lems
developing
failure
adverse effects
experience
mfis policy
title THE ISSUES OF MICROFINANCE IN DEVELOPING COUNTRIES
title_full THE ISSUES OF MICROFINANCE IN DEVELOPING COUNTRIES
title_fullStr THE ISSUES OF MICROFINANCE IN DEVELOPING COUNTRIES
title_full_unstemmed THE ISSUES OF MICROFINANCE IN DEVELOPING COUNTRIES
title_short THE ISSUES OF MICROFINANCE IN DEVELOPING COUNTRIES
title_sort issues of microfinance in developing countries
topic микрофинансиро вание
становление
проблематика
развивающейся
провал
негативные последствия
опыт
политика мфо
microfinance
formation
prob lems
developing
failure
adverse effects
experience
mfis policy
url https://statecon.rea.ru/jour/article/view/481
work_keys_str_mv AT artaktyarazyan theissuesofmicrofinanceindevelopingcountries
AT artaktyarazyan issuesofmicrofinanceindevelopingcountries