Microfinance and Public Policy

Outreach, Performance and Efficiency

  • Bernd Balkenhol

Table of contents

  1. Front Matter
    Pages i-xxiii
  2. Introduction

    1. Front Matter
      Pages 1-1
  3. Conceptual Framework

    1. Front Matter
      Pages 25-25
    2. Amadou Diop, Isabelle Hillenkamp, Jean-Michel Servet
      Pages 27-46
    3. Jonathan Morduch
      Pages 72-85
  4. Empirical Analysis

  5. Selected Country Studies

  6. Conclusions

    1. Front Matter
      Pages 209-209
    2. Bernd Balkenhol
      Pages 211-229
  7. Back Matter
    Pages 230-263

About this book


Microfinance institutions (MFIs) provide a public good; if MFIs create and deepen markets where none existed before, there may be a case for public support. This book is based on a study of 45 MFIs, and applies factor analysis and cluster analysis to show that MFIs form clusters in terms of social and financial performance.


cluster cluster analysis data envelopment Data Envelopment Analysis Eastern Europe efficiency finance inequality institutions mediation microfinance performance Poverty public policy sustainability

Editors and affiliations

  • Bernd Balkenhol
    • 1
  1. 1.ILO Social Finance ProgrammeSwitzerland

Bibliographic information

Industry Sectors
Finance, Business & Banking