The present study examines state-level banking-industry specific as well as region economic determinants of non-performing loans for all commercial banks and savings institutions across 50 US states and the District of Columbia for 1984–2013. Using both fixed effects and dynamic-GMM estimations, I find greater capitalization, liquidity risks, poor credit quality, greater cost inefficiency and b...

The poverty situation in northern Ghana is a major challenge to sustainable development. As result of socio-cultural factors, women are vulnerable and their even more overwhelming. Development agencies, Governmental Non- Organizations have adopted implemented different strategies aimed at reducing these areas. Micro-credit delivery the poor especially one that seems be making impact towards imp...

Household debt levels have increased substantially over the last decade, both in terms of the total amount outstanding and relative to incomes. At the same time, household debt portfolios became more diversified. While such qualitative observations apply to many OECD countries, the betweencountry differences remain very stark and are empirically more important than changes over time within any ...

Micro and small enterprises (MSEs) in developing countries are typically considered to be severely credit constrained. Additionally, high business risks may partly explain why capital stocks of MSEs remain low. This article analyzes the determinants of capital stocks of MSEs in poor economies focusing on credit constraints and risk. The analysis is based on a unique, albeit cross-sectional but ...

The world is getting more matured in terms of level of sophistication. At the same time it becomes a threat due to the difficulty of having areas where further sophistication is possible. But, now, the most sensitive problem for all is the severe poverty. It is the darkest chapter of the world where more and more people are enlisting their names. If this process continued for unlimited time, on...

The purpose of this paper is to examine the role of micro finance in the empowerment of people and the realisation of financial inclusion in India. While there are reservations about the efficacy of MFIs in handling public money, their growth and achievements demand attention and appreciation. Today the MFIs want the government to empower them for mobilising savings. With increasing demand for ...

A Micro-credit system (MCS) is a financial system to support the economic needs of the poor. It is thought of as a community-based method to solve various problems, including the lack of health-related knowledge. Participants are organized in groups that assemble in regular meetings. Hadi (Hadi in Health Promotion International 16, 219-227, 2001) investigated the MCS as a method to solve the la...