Jul 1998
Author(s): Wenner, Mark D.; Campos, Sergio
Few commercial banks have engaged in profitable microfinance lending despite repeated attempts by donor agencies to entice their entry. The case of Banco de la Empresa, a Latin American private bank…
Dec 1997
Author(s): Stein, Ernesto H.; Streb, Jorge M.
Although the region remains highly centralized, the tendency toward decentralization is quite strong. Not only is a larger portion of the general government budget executed from the subnational…