Microcredito e Microfinanza: il Rischio di una Bolla?

Translated title of the contribution: [Autom. eng. transl.] Microcredit and Microfinance: the Risk of a Bubble?

Research output: Contribution to journalArticle

Abstract

The paper is a short survey on microcredit activities and microfinance institutions (MFI), that in the last few decades obtained outstanding results in the fight to poverty. The extremely positive track record has generated high expectations on two different sides: the first related to the sustainability of this business; the second related to the exportability of this business to advanced economies, in order to fight the increasing social exclusion. We argue that both statements can be easily criticized, since most microcredit activities and MFI are still not sustainable; moreover several elements limit the exportability of this peculiar business model to risch countries.
Translated title of the contribution[Autom. eng. transl.] Microcredit and Microfinance: the Risk of a Bubble?
Original languageItalian
Pages (from-to)62-70
Number of pages9
JournalVITA E PENSIERO
Publication statusPublished - 2011

Keywords

  • MICROCREDIT
  • MICROFINANCE

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