Browsing by Author "Rosengard, Jay"
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Funding Economic Development: A Comparative Study of Financial Sector Reform in Vietnam and China
Rosengard, Jay K.; Thế Du, Huỳnh (United Nations Development Programme and Fulbright Economics Teaching Program, 2009)Although there is considerable debate among economists as to the impact of financial sector development on economic growth, empirical evidence indicates a strong, direct link between the two. A recent comprehensive review ... -
If The Banks Are Doing So Well, Why Can’t I Get A Loan? Regulatory Constraints to Financial Inclusion in Indonesia
Rosengard, Jay K.; Prasetyantoko, A. (Wiley-Blackwell, 2011)Indonesia’s financial sector has two paradoxes: 1) Indonesia has been a global leader in microfinance for the past 25 years, but access to microfinance services is declining; and 2) Indonesia’s commercial banks are liquid, ... -
Oversight is a Many-Splendored Thing: Choice and Proportionality in Regulating and Supervising Microfinance Institutions
Rosengard, Jay K. (World Scientific Publishing, 2011)The Handbook of Microfinance showcases an expansive collection of works from leading academics and field practitioners. In an attempt to understand the enormous gap between the limited number of clients that are currently ... -
The Tax Everyone Loves to Hate: Principle of Property Tax Reform
Rosengard, Jay K. (Wiley-Blackwell, 2012)The dilemma is real and profound: most countries have a property tax, but few of their citizens like the tax. The property tax is the tax everyone loves to hate. Countries can seldom live with the tax as initially designed, ... -
The Unintended Consequences of Successful Resource Mobilization: Financing Development in Vietnam
Rosengard, Jay K.; Giang, Trần Thị Quế; Ngân, Đinh Vũ Trang; Thế Du, Huỳnh; Chauvin, Juan Pablo (United Nations Development Programme and the Fulbright Economics Teaching Program, 2011)The total amount of development finance generated by Vietnam has been exceptionally high from all significant sources using all standard measures of comparison. However, there are many potential unintended consequences of ... -
The World’s Best-Kept Financial Inclusion Secret Revealed: The Untold Success Story of BRI Microbanking Since 1895
Rosengard, Jay (Ash Center for Democratic Governance and Innovation, 2022-11)Bank Rakyat Indonesia (BRI), Indonesia People’s Bank, has been the most successful promoter of financial inclusion in Indonesia since the country declared independence in 1945. BRI’s first major financial inclusion ...