International Journal of Economic Development, 1999
The microfinance industry is characterized by a "schism," or de... more The microfinance industry is characterized by a "schism," or debate, between two camps that represent broadly different approaches to microfinance: the institutionists and the welfarists. How this debate is resolved has crucial implications for the future of microfinance-its guiding ...
Although the word finance is in the term microfinance, and the core elements of microfinance are ... more Although the word finance is in the term microfinance, and the core elements of microfinance are those of the finance discipline, microfinance has yet to break into the mainstream or entrepreneurial finance literature. The purpose of this article is to introduce the finance academic community to the discipline of microfinance and microfinance institutions (MFIs). We provide a comprehensive review of over 350 articles and address the issues of MFI sustainability, products and services, management practices, clientele targeting, regulation and policy, and impact assessment. + Jim Brau is Assistant Professor of Finance and Goldman Sachs Faculty Fellow at the Marriott School, Brigham Young University.
... 1.1. Studies of “Determinants of Poverty” Three studies (Omonona, Udoh, and Adeniran, 2008; A... more ... 1.1. Studies of “Determinants of Poverty” Three studies (Omonona, Udoh, and Adeniran, 2008; Anyanwu, 2005; and Osinubi, 2003) seek “poverty determinants” to guide policy. ... For example, Omonona, Udoh, and Adeiran conclude that “human capital development is Page 15. ...
Journal of Developmental Entrepreneurship, Aug 1, 2002
Send all correspondence to Gary Woller, Romney Institute of Public Management, Marriott School, B... more Send all correspondence to Gary Woller, Romney Institute of Public Management, Marriott School, Brigham Young University, Provo, Utah 84602, (801) 378-1770 (p), (801) 378-8975 (f), [email protected] ... ASSESSING THE COMMUNITY ECONOMIC IMPACT OF ...
Beginning in the early to mid-1970s, there has been a resurgence of interest among development sp... more Beginning in the early to mid-1970s, there has been a resurgence of interest among development specialists, multilateral development agencies, economists, and less developed country (LDC) governments in using fiscal decentralisation as a potentially powerful tool to ...
Microcomparison, or single-component analysis, of health care systems offers a potentially better... more Microcomparison, or single-component analysis, of health care systems offers a potentially better basis for reform than traditional macrocomparison analysis of aggregate elements. Using ma-croanalysis, available evidence shows that Germany provides cheaper but more effective hospital care than the United States. To find the causes for this outcome, we developed a microanalytic model of hospital administrators' perceptions, financial ratios, medical outcomes,
Public administration ethics today is dominated by two distinct ethical frameworks: the bureaucra... more Public administration ethics today is dominated by two distinct ethical frameworks: the bureaucratic ethos, which stresses efficiency and strict obedience to elected officials, and the democratic ethos, which stresses adherence to certain higher order moral principles embedded in the notion of democratic government. Both the bureaucratic and democratic ethos are foundational in that each is based on the search for
Microcomparison, or single-component analysis, of health care systems offers a potentially better... more Microcomparison, or single-component analysis, of health care systems offers a potentially better basis for reform than traditional macrocomparison analysis of aggregate elements. Using macroanalysis, available evidence shows that Germany provides cheaper but more effective hospital care than the United States. To find the causes for this outcome, we developed a microanalytic model of hospital administrators' perceptions, financial ratios, medical outcomes, and pharmaceutical costs. However, only data on pharmaceutical costs were available and similar in both countries. Our significant outcome was development of a
Nongovernmental development organizations (NGDOs) ultimately measure their success by the impact ... more Nongovernmental development organizations (NGDOs) ultimately measure their success by the impact they have on their beneficiaries, their families, and the communities in which they live. One potentially important piece to the NGDO impact puzzle, yet to be addressed in the literature, is the so-called community economic impact, defined here as the direct and induced impact of the NGDO on local economic activity. This article demonstrates how a community economic impact might be estimated using a program of Project Hope-an international health care NGDO-in Santo Domingo, Dominican Republic. Integral to estimating a community economic impact is the calculation of the relevant regional income multiplier. This article also demonstrates how a regional income multiplier might be estimated for Santo Domingo using the minimum requirements approach developed by Ullman and Dacey. It is hoped that this article will encourage and help other researchers incorporate community economic impact into future analyses of NGDO programs.
With the fall of the Berlin Wall and the dissolution of the Soviet Empire, most of the nations of... more With the fall of the Berlin Wall and the dissolution of the Soviet Empire, most of the nations of Central and Eastern Europe have begun adopting democratic procedures and institutions. In this paper, we argue that the presence or absence of social capital may very well be an important part of any equation that attempts to predict the extent to which the citizens of these nations will support the new democratic regimes. We apply Logit analysis to survey data collected in the Third Annual New Democracies Barometer (NDB III) to test this hypothesis. We also test the importance of economic variables on citizen support for democratic procedures in these nations. Our findings are consistent with the hypothesis that the presence of social capital is a factor in explaining citizen support for democratic procedures. Moreover, we find indicators of social capital to be more important than economic variables in explaining citizen support for democratic procedures in our sample countries.
International Journal of Economic Development, 1999
The microfinance industry is characterized by a "schism," or de... more The microfinance industry is characterized by a "schism," or debate, between two camps that represent broadly different approaches to microfinance: the institutionists and the welfarists. How this debate is resolved has crucial implications for the future of microfinance-its guiding ...
Although the word finance is in the term microfinance, and the core elements of microfinance are ... more Although the word finance is in the term microfinance, and the core elements of microfinance are those of the finance discipline, microfinance has yet to break into the mainstream or entrepreneurial finance literature. The purpose of this article is to introduce the finance academic community to the discipline of microfinance and microfinance institutions (MFIs). We provide a comprehensive review of over 350 articles and address the issues of MFI sustainability, products and services, management practices, clientele targeting, regulation and policy, and impact assessment. + Jim Brau is Assistant Professor of Finance and Goldman Sachs Faculty Fellow at the Marriott School, Brigham Young University.
... 1.1. Studies of “Determinants of Poverty” Three studies (Omonona, Udoh, and Adeniran, 2008; A... more ... 1.1. Studies of “Determinants of Poverty” Three studies (Omonona, Udoh, and Adeniran, 2008; Anyanwu, 2005; and Osinubi, 2003) seek “poverty determinants” to guide policy. ... For example, Omonona, Udoh, and Adeiran conclude that “human capital development is Page 15. ...
Journal of Developmental Entrepreneurship, Aug 1, 2002
Send all correspondence to Gary Woller, Romney Institute of Public Management, Marriott School, B... more Send all correspondence to Gary Woller, Romney Institute of Public Management, Marriott School, Brigham Young University, Provo, Utah 84602, (801) 378-1770 (p), (801) 378-8975 (f), [email protected] ... ASSESSING THE COMMUNITY ECONOMIC IMPACT OF ...
Beginning in the early to mid-1970s, there has been a resurgence of interest among development sp... more Beginning in the early to mid-1970s, there has been a resurgence of interest among development specialists, multilateral development agencies, economists, and less developed country (LDC) governments in using fiscal decentralisation as a potentially powerful tool to ...
Microcomparison, or single-component analysis, of health care systems offers a potentially better... more Microcomparison, or single-component analysis, of health care systems offers a potentially better basis for reform than traditional macrocomparison analysis of aggregate elements. Using ma-croanalysis, available evidence shows that Germany provides cheaper but more effective hospital care than the United States. To find the causes for this outcome, we developed a microanalytic model of hospital administrators' perceptions, financial ratios, medical outcomes,
Public administration ethics today is dominated by two distinct ethical frameworks: the bureaucra... more Public administration ethics today is dominated by two distinct ethical frameworks: the bureaucratic ethos, which stresses efficiency and strict obedience to elected officials, and the democratic ethos, which stresses adherence to certain higher order moral principles embedded in the notion of democratic government. Both the bureaucratic and democratic ethos are foundational in that each is based on the search for
Microcomparison, or single-component analysis, of health care systems offers a potentially better... more Microcomparison, or single-component analysis, of health care systems offers a potentially better basis for reform than traditional macrocomparison analysis of aggregate elements. Using macroanalysis, available evidence shows that Germany provides cheaper but more effective hospital care than the United States. To find the causes for this outcome, we developed a microanalytic model of hospital administrators' perceptions, financial ratios, medical outcomes, and pharmaceutical costs. However, only data on pharmaceutical costs were available and similar in both countries. Our significant outcome was development of a
Nongovernmental development organizations (NGDOs) ultimately measure their success by the impact ... more Nongovernmental development organizations (NGDOs) ultimately measure their success by the impact they have on their beneficiaries, their families, and the communities in which they live. One potentially important piece to the NGDO impact puzzle, yet to be addressed in the literature, is the so-called community economic impact, defined here as the direct and induced impact of the NGDO on local economic activity. This article demonstrates how a community economic impact might be estimated using a program of Project Hope-an international health care NGDO-in Santo Domingo, Dominican Republic. Integral to estimating a community economic impact is the calculation of the relevant regional income multiplier. This article also demonstrates how a regional income multiplier might be estimated for Santo Domingo using the minimum requirements approach developed by Ullman and Dacey. It is hoped that this article will encourage and help other researchers incorporate community economic impact into future analyses of NGDO programs.
With the fall of the Berlin Wall and the dissolution of the Soviet Empire, most of the nations of... more With the fall of the Berlin Wall and the dissolution of the Soviet Empire, most of the nations of Central and Eastern Europe have begun adopting democratic procedures and institutions. In this paper, we argue that the presence or absence of social capital may very well be an important part of any equation that attempts to predict the extent to which the citizens of these nations will support the new democratic regimes. We apply Logit analysis to survey data collected in the Third Annual New Democracies Barometer (NDB III) to test this hypothesis. We also test the importance of economic variables on citizen support for democratic procedures in these nations. Our findings are consistent with the hypothesis that the presence of social capital is a factor in explaining citizen support for democratic procedures. Moreover, we find indicators of social capital to be more important than economic variables in explaining citizen support for democratic procedures in our sample countries.
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