Supervising & Regulating Microfinance in the Context of Financial Sector Liberalization: Lessons from Bolivia, Colombia and Mexico
By Jacques Trigo Loubière, Patricia Lee Devaney and Elisabeth Rhyne - Published: August 2004
Supervising and Regulating Microfinance examines the regulatory framework for microfinance in three countries: Bolivia, Colombia and Mexico, each with very different experiences in financial reform, financial crisis and microfinance. It explores the impact of financial reform and crisis on the choices regulatory authorities have made about microfinance, and in turn, explores how these choices have affected the character of the microfinance industry in each country. This monograph also addresses the elements of good microfinance regulation, beginning with the financial sector environment needed to advance microfinance and continuing with preparation of supervisors and specific norms adapted for microfinance. These topics are illustrated by comparing the experiences and policies on the three subject countries.
