The well-intentioned objective of state-owned development finance institutions is too often subjected to political influence. Politicized mandates place undue emphasis on credit outflows over recovery. Poor lending practices weaken the state-owned institutions financially and make them continually dependent on government or external donor funds. Bank Rakyat Indonesia (BRI) is one of the few state-owned institutions that overcame problems that typically...
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INFORMACIÓN
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1997/08/03
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Resumen
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18606
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1
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1
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2009/03/28
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Disclosed
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State-owned development banks in microfinance
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Development banks
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