The Grameen Bank “Empowering the Poor” Model of Microcredit
An Institutional Comparison with the Traditional Mode of the Japanese Banking System
Bibliographic Data
| ID | 12765264 |
|---|---|
| Authors | Yasushi Suzuki (0000-0002-3939-6917, Ritsumeikan Asia Pacific University), Munim Kumar Barai (0000-0002-9205-5804, Ritsumeikan Asia Pacific University), Bishnu Kumar Adhikary (Ritsumeikan Asia Pacific University), Manjula Kumara Wanniarachchige (0000-0002-0504-9861, University of Ruhuna, corresponding author) |
| Year | 2011 |
| Volume | 10 |
| Issue | 1 |
| Pages | 129-156 |
| Publication date | 2011-06-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Comparative Asian Development (JOURNAL) |
| Journal identifiers | ISSN: 1533-9114 • E-ISSN: 2150-5403 |
| Publisher | Routledge (PUBLISHER • GB) |
| DOI | 10.1080/15339114.2011.578487 |
| OpenAlex | W2085270948 |
| Language | EN |
| Citations received | 2 |
| References cited | 14 |
This paper proposes an institutional approach to understanding the success of a South Asian “empowering the poor” model of microcredit — the “Grameen Bank”. We compare the institutional settings in the model with those in the traditional mode of Japanese relation-based banking which greatly contributed to Japan's high growth, to shed an analytical light on the advantages and sustainability of Bangladesh's microcredit industry. We find that the availability of bank rent opportunities, low level of transactions costs, mainly in terms of low monitoring costs and delegation costs, together with the well-rooted protection and sanction mechanisms, which are properly aligned with both formal and informal institutions, guarantee the success of the GB mode of microcredit in the current context, as it guaranteed the success of the Japanese relation-based mode of banking during its high growth period
Business · Context (archaeology · Delegation · Economic growth · Economic system · Economics · Industrial organization · Microfinance · Mode (computer interface · Relation (database · Sustainability · FinTech, Crowdfunding, Digital Finance · Islamic Finance and Banking Studies · Microfinance and Financial Inclusion
The Japanese Main Bank System
Financial Intermediation and Delegated Monitoring
Introduction
From Risk, Uncertainty, and Profit
Alternative Visions of Rationality
Family Planning Outreach and Credit Programs in Rural Bangladesh
The Economic Institutions of Capitalism
The Grameen Bank in Bangladesh
Microfinance, wage employment and housework
Women's Employment in Urban Bangladesh
| Citations per year | 0.15 |
|---|---|
| Citation span | 2013 - 2023 (11) |
| Highly cited | No |