{"product_id":"the-efficiency-of-multi-tier-savings-reinhard-schmidt-9783631377376","title":"The Efficiency of Multi-Tier Savings and Credit Cooperatives in Developing Countries: A Study Based on Empirical Research in West Africa","description":"As a means of fighting poverty, the support of microfinance institutions has gained major significance in development aid. However, the widespread expectation that these institutions would quickly become self-sustaining has so far only rarely been fulfilled. \u003cbr\u003e This applies in particular to multi-tier savings and credit cooperatives, whose way of functioning is examined in the present study using innovative organisation- and cost-analysis instruments. The analysis reveals the dominance of the upper institutional levels, which attempt to position themselves as intermediaries for public development aid and as a result generate extremely inefficient operations, instead of providing efficient support services for the lower level institutions. \u003cbr\u003e To enable multi-tier savings and credit cooperatives to develop their full potential, radical reforms and a change of attitude on the part of the cooperative managers and international donors are needed.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Reinhard Schmidt,Marcel Gounot\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 3631377371\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9783631377376\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Peter Lang Gmbh, Internationaler Verlag Der W\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 10\/01\/2001\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 206\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback","brand":"Reinhard Schmidt","offers":[{"title":"Paperback","offer_id":48450101018879,"sku":"9783631377376","price":97.4,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_5dbdd3b2-0d47-4545-98f2-ba8bc40d915a.jpg?v=1777266219","url":"https:\/\/www.whiterainbookhouse.com\/products\/the-efficiency-of-multi-tier-savings-reinhard-schmidt-9783631377376","provider":"WR Book House","version":"1.0","type":"link"}