2024-03-28T16:02:15Z
https://nagoya.repo.nii.ac.jp/oai
oai:nagoya.repo.nii.ac.jp:02003715
2023-01-17T06:08:49Z
608:609:610:1661477069242
Productivity Convergence of Microfinance Institutions in Latin America and the Caribbean : The Role of Financial Performance and Inclusion
PERERA, Waruni N.K.
Financial Performance
Financial Inclusion
Productivity Convergence
This study examines the performance and productivity convergence of profit-oriented microfinanceinstitutions in Latin America and the Caribbean from 2007 to 2018. Importantly, the study assesses twoaspects of performance: financial performance and financial inclusion through lending to microenterprises.During the period studied, the productivity change in both aspects declined. Furthermore, productivityconvergence reveals that the productivity change of the previously lagging institutions increases fasterthan previously leading institutions in both aspects (catching up). Nevertheless, in terms of financialperformance, dispersion in productivity change is growing. In conclusion, the study confirms thatmicrofinance institutions with an emphasis on profit must operate at an optimal scale to achieve progressin productivity changes in terms of financial inclusion. Moreover, to achieve progress in productivitychange and productivity convergence in the financial performance aspect, profit-oriented microfinanceinstitutions have to focus on technological improvement and innovations, getting the maximum output byutilizing the inputs by using efficient managerial practices, and operating on an optimal scale.
departmental bulletin paper
名古屋大学大学院国際開発研究科
Graduate School of International Development, Nagoya University
2022-09
application/pdf
国際開発研究フォーラム
2
53
1
18
Forum of International Development Studies
1341-3732
2189-9126
https://nagoya.repo.nii.ac.jp/record/2003715/files/53-2.pdf
eng