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Microcredit in the North: An Institutional, Impact and Dependence Analysis Applied to the Spanish Case
Author(s) -
Gutiérreznieto Begoña
Publication year - 2006
Publication title -
annals of public and cooperative economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.526
H-Index - 37
eISSN - 1467-8292
pISSN - 1370-4788
DOI - 10.1111/j.1370-4788.2006.00296.x
Subject(s) - subsidy , unemployment , microfinance , developing country , economics , economic growth , development economics , business , market economy
** :Microcredit programmes have been recently started in Spain, sparked by successful experiences in developing countries. The paper reviews the outstanding features of these programmes and their differences with developing countries models. It also moves forward the impact evaluation on unemployment and finds the subsidy dependence of Spanish microcredit institutions accurate because of the good results obtained by impact measures .