2 Since 2006 China's central government has opened up its financial markets to foreign Microfinance Institutions (MFI). The idea is that by allowing MFI's to operate, Agricultural Banks would lead to increase access to credit, economic efficiencies and growth in rural agriculture, and efficiency within the financial system in underserved markets. Microfinance as it is understood today refers to...

www.philadelphiafed.org R eports in the popular press and policymakers’ concerns about student loans have greatly intensified in recent years because of rising student loan balances and defaults. Even greater cause for concern arose as student loans outstanding passed credit card debt to become the single largest nonmortgage household debt in 2012. Worries about the risk of massive default have...

Start of implementation Q I 1999 Q III 1999 Period of implementation 1999-2001 1999-2001 Counterpart contribution (partner banks) 20% (of the volume of sub-loans) 50% (of the volume of sub-loans) Financing, of which Financial Cooperation (FC) funds FC loan: EUR 4.35 million Complementary measure: EUR 1.5 million SEEAF: EUR 4.6 million FC loan: EUR 4.35 million Complementary measure: EUR 1.5 mil...

To understand the role of green credit in maintaining economic sustainability, we develop theoretical hypotheses including expectation, supervision and capital allocation channels to explain the impacts of green credit. Then, we use hybrid econometric models by using Chinese-listed enterprises in the energy-saving and environmental sectors from 2007 to 2015 as the research sample to verify the ...

Student Loan Reforms for German Higher Education: Financing Tuition Fees It is generally agreed that the funding base for German universities is inadequate and perhaps the time has come for serious consideration of the imposition of non-trivial tuition charges. Against this background, this paper compares conventional and income contingent loans for financing tuition fees at German universities...

Gender discrimination in accessing financial resources is a mounting concern in developing countries, but empirical evidence of such discrimination is limited. Using data collected from PPdai.com, one of the largest P2P lending platforms in China, we investigate potential gender discrimination in online P2P credit lending market in China. The results illustrate that female borrowers are more li...