vendredi 19 mars 2010

CGAP AND SAVINGS - LE CGAP ET L'EPARGNE

CGAP writes how committed they are about development of "domestic, deposit-driven financial markets".
Of course they are right, for IMFs' sustainibility, and poor people inclusion.
One of the more important Burkina Faso IMFs is doing so.

BUT:You have to look at the regulation rules implemented in the context: If no, you can see an IMF collecting money from poor people just to lend it to the private owner of the institution, as I saw in Cameroun.

And a good balance is not so easy to find: In Romania, most IMFs have to focus their market on small sized enterprises rather than on poor people' ones, because of the regulation constraints.

SO, let's have a very accurate study of this very important question, as we try to do in our Chair.

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