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How trustable are West African mutual savings and loan institutions? : an application of the PASMEC databank

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  • Galassi, Francesco L.
  • Gross, Dominique M.

Abstract

Based on data for six countries within the West Africa Economic and Monetary Union (WAEMU) in 1997. Develops a method for the development of a "trust index" to assess the amount of risk a prospective member is facing when joining a mutual savings and loan institution. Describes the characteristics of mutual savings and loan institutions in the region and proposes improvements in the collection of more accurate statistical data.

Suggested Citation

  • Galassi, Francesco L. & Gross, Dominique M., 2003. "How trustable are West African mutual savings and loan institutions? : an application of the PASMEC databank," ILO Working Papers 993621863402676, International Labour Organization.
  • Handle: RePEc:ilo:ilowps:993621863402676
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    References listed on IDEAS

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    1. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
    2. Abhijit V. Banerjee & Timothy Besley & Timothy W. Guinnane, 1994. "Thy Neighbor's Keeper: The Design of a Credit Cooperative with Theory and a Test," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(2), pages 491-515.
    3. World Bank, 2000. "World Development Indicators 2000," World Bank Publications - Books, The World Bank Group, number 13828.
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