MICROFINANCE, EASTERN EUROPE AND UKRAINE

Kiyoshi Abe

Authors

Kiyoshi Abe University Chiba

Keywords:

conventional and non-conventional finance, corruption, developing countries, domestic and foreign capital, microfinance, poverty, small and medium business, Washington consensus.

Abstract

The evolutionary features of developing countries predetermine the need for microfinance as an instrument of poverty eradication. The analysis of microfinance proliferation channels and current situation in Eastern European countries allows the author to determine major obstacles to and perspectives of microfinance network development in Ukraine.

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