O Microcrédito em Portugal

• Type: Book
• Date: 2011

Authors

Joana Afonso (Author) FEP; Pedro Cosme da Costa Vieira (Editor) FEP

Publisher

Open Access International Journals

Porto

Scientific classification

FOS: Social sciences > Economics and Business

Other information

Abstract (EN): Micro-credit and micro-finance emerged in the 1970’s in some Asian and Latin American countries as an instrument for fighting poverty and social exclusion. Using 2006-9 portuguese micro-level data, we estimate the failure rate of Portuguese micro-credit projects as 18,4%/year. This failure rate is incompatible with a no-subsidised system that would require a 25.5%/year interest rate. Using territorial variable on a Cox proportional hazard model, we estimate that the failure rate of those micro-credit projects located in the worst case NUTS II Portuguese regions (Alentejo e Centro, 26.1%/year) is significantly higher than that of those projects located in the best case region (Norte, 14.7%/year).

Language: Portuguese

Type (Professor's evaluation): Scientific

No. of pages: 69

ISBN: 978-989-97212-0-3

Collection: Livro, monografias e teses

Edition: 1 ª

Vol.: 3