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Microcredit in the North: An Institutional, Impact and Dependence Analysis Applied to the Spanish Case

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  • Begoña Gutiérrez‐nieto

Abstract

**: Microcredit programmes have been recently started in Spain, sparked by successful experiences in developing countries. The paper reviews the outstanding features of these programmes and their differences with developing countries models. It also moves forward the impact evaluation on unemployment and finds the subsidy dependence of Spanish microcredit institutions accurate because of the good results obtained by impact measures.

Suggested Citation

  • Begoña Gutiérrez‐nieto, 2006. "Microcredit in the North: An Institutional, Impact and Dependence Analysis Applied to the Spanish Case," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 77(1), pages 21-52, March.
    • Handle: RePEc:bla:annpce:v:77:y:2006:i:1:p:21-52
    DOI: 10.1111/j.1370-4788.2006.00296.x
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    References listed on IDEAS

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    1. Mark Schreiner & Jacob Yaron, 2001. "Development Finance Institutions : Measuring Their Subsidy," World Bank Publications - Books, The World Bank Group, number 13983, December.
    2. Marguerite S. Robinson, 2001. "The Microfinance Revolution," World Bank Publications - Books, The World Bank Group, number 28956, December.
    3. World Bank, 2004. "World Development Indicators 2004," World Bank Publications - Books, The World Bank Group, number 13890, December.
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    Cited by:

    1. Anastasia Cozarenco & Ariane Szafarz, 2016. "Microcredit in Industrialized Countries: Unexpected Consequences of Regulatory Loan Ceilings," Working Papers CEB 16-021, ULB -- Universite Libre de Bruxelles.

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