The role of the State in micro-finance in Argentina.[Essay] by Olympe Bédier

2013-07-02

Olympe Bédier graduated from HEC in 2013, as a Student of the "Quantitative Economics and Finance" specialization program, which is a common program with the Ecole Polytechnique. She as an experience in the financial sector and spent 8 months in the deprived areas of Buenos Aires, where she worked as a consultant in finance and strategy for micro-finance institutions, in the name of Micro Finance Sans Frontières, which is an association of BNP-Paribas.

Over the last 25 years, the Argentinian authorities have played an ambivalent role in the development of micro finance in their country. After having supported microcredit until the economic crisis of the years 2000s, political authorities turned their backs on neoliberalism. They created their own doctrine of a social micro-finance, which developed slowly and under close political influence, so that it could not satisfy more than 10% of the Argentinian needs. This essays traces the theoretical and concrete contribution of the State to the Argentinian micro-finance, in a context of deep financial crisis and ideological upheaval; it also explains the regulatory, human and financial barriers hindering the blossoming of micro-finance institutions, in spite of their high potential.


Quote article  Olympe Bédier, « The role of the State in micro-finance in Argentina. », 02 july 2013, Alternative Management Observatory (AMO), [Essay]
http://appli6.hec.fr/amo/Articles/Entry/Item/309.sls

In the same section

Ecotact Company and its Ikotoilets

[Scenario]

[Scenario] : Raphaëlle Sorba

Ecotact is a Kenyan company that was founded in 2007 by David Kuria. Its primary purpose is to tackle environmental and sanitary issues in Kenyan urban deprived areas. Today, its main product is Ikotoilet, which is a complex gathering public toilets and shops to fight against the absence of toilets...

>>Read more

The crisis - The possible ways out of the crisis - by Michel Aglietta

[Reading report]

[Reading report] : Pierre Ohnimus

The world economic and financial crisis has affected and is still affecting Western countries – among which southern Europe. What are the events and factors that lead to the 2008 financial crisis? What reforms are necessary to prevent another crisis? What are the possible ways out of the crisis?

>>Read more

Being an entrepreneur against « the era of emptyness » : a vision of alternative entrepreneurship

[Article]

[Article] : Kevin Cardona

Whereas our western democracies have entered what Gilles Lipovetsky called in his "Essais sur l'individualisme contemporain" (Essays on contemporary individualism) «The Era of Emptiness » (« l'ère du vide » in French), this context permits the emergence of a new kind of entrepreneur: those who...

>>Read more

Development of micro-insurance in Argentina, Peru and Colombia

[Research paper]

[Research paper] : Marie Baranger and Cécile Roussel

This research studies the development of micro-insurance – with a focus on financial education – in Columbia, Peru and Argentina, where six months of field research have been carried out. Whereas micro-insurance products were all compulsory and little innovative in Argentina and Peru, they were...

>>Read more

Altai Consulting

[Essay]

[Essay] : Domitille de la Morinerie

Altai Consulting started its operation in 2003 in Afghanistan. Today the company completes research and consulting assignments in Afghanistan, Pakistan, Kyrgyzstan, Tajikistan, Iraq and Palestine. The firm aims at stimulating the development of post-conflict countries, attracting investments and...

>>Read more

With the same doctype

Essay

Ecological Footprint and sustainable... Over the past few years, a responsible... by Claire Nativel
From theory to reality: how liberalism... Noticing that men are unable to agree... by Yann Auger
Waste management in France, current... At a moment where prices of raw... by Nathalie Rusé
Reconciling deconsumption with the... This selection of five essays is an... by Lauren Haddon, Ronan de Pins, Jordane Lagneaux, Yann Auger, Vaïté Leprince-Ringuet
Culture and knowledge: converging... For four centuries, the Cartesian model... by Guillaume Narbonne
Education and collective intelligence... Long-term common interests require the... by Kenza Iraqi
Auroville Auroville was founded in 1968 by “The... by Aurélie Gillon
Is car-sharing the next way to drive in... The concept of car-sharing has been... by Rudy Guénaire
Reconnect - Fight against exclusion Reconnect is an association whose... by Marine Bikard
Wikipédia : individual contribution... Wikipédia is one of those huge... by Guillaume Tellez