Downloads
EBRD_MicroFinance.pdf
PDF | 827.67 KB
A substantial part of the world's population has no or only limited access to formal financial services. Many of the poor depend of informal networks and family ties- which are often liss reliable or relatively expensive- and this may constraing potential entrepreneurs in executing profitable investment projects. To analyse to what extent a lack of credit may inhibit entrepreneurship and perpetuate poverty, this EBRD impact brief reports on a randomised field experiment in Bosnia and Herzegovina.
Authors
Research Fellow Yale University
Costas is a Research Fellow of the IFS and a Professor of Economics at Yale University and a Visiting Professor at University College London.
Heike Harmgart
Associate Director
Britta is an IFS Associate Director, Associate Staff at the Department of Economics at the UC and Researcher at NIHR Obesity Policy Research Unit.
Ralph De Haas
Report details
- Publisher
- IFS
Suggested citation
Augsburg, B et al. (2012). EBRD Impact Brief. Microfinance on the margin: Evidence from Bosnia and Herzegovina. London: IFS. Available at: https://ifs.org.uk/publications/ebrd-impact-brief-microfinance-margin-evidence-bosnia-and-herzegovina (accessed: 19 March 2024).
More from IFS
Understand this issue
Behind the numbers: reassessing investment in skills and training
12 October 2023
How did parents’ experiences in the labour market shape children’s social and emotional development during the pandemic?
1 August 2023
Retirement is not always a choice that workers can afford to make
6 November 2023
Policy analysis
Spring Budget 2024
6 March 2024
Three ways to improve the design of the UK’s overseas aid spending target
18 January 2024
How has the NLW affected pay differentials within firms?
16 February 2024
Academic research
Evaluating pricing health insurance in lower-income countries: A field experiment in India
14 March 2024
Saving by buying ahead: stockpiling in response to lump-sum payments
2 February 2024
Does the value-added tax add value? Lessons using administrative data from a diverse set of countries
9 February 2024