000 01038cam a2200157 4500500
005 20250112043444.0
041 _afre
042 _adc
100 1 0 _aLelart, Michel
_eauthor
245 0 0 _aThe Evolution of Informal Finance and its Impact on Financial Systems
260 _c2002.
500 _a46
520 _aThe 1980s saw the emergence of informal finance. Over the last few years, the developing world in Africa, Asia, and Latin America has witnessed the appearance and growth of microfinance. This paper examines the reasons behind this evolution and the rise and growing power of microfinance institutions. The paper analyses some of the problems created by these new institutions, including the type of regulatory framework to impose on them, their possible relationship with established banks, and their role within existing financial systems.
786 0 _nMondes en développement | o 119 | 3 | 2002-09-01 | p. 9-20 | 0302-3052
856 4 1 _uhttps://shs.cairn.info/journal-mondes-en-developpement-2002-3-page-9?lang=en
999 _c187096
_d187096