The Developing Economies

Read the top five articles from The Developing Economies accessed online:

Microfinance revolution: Its effects, innovations, and challenges
Hisaki Kono and Kazushi Takahashi

Financial services to the poor: An introduction to the special issue on microfinance
Miki Hamada

The short-term poverty impact of small-scale, collateral-free microcredit in Indonesia: A matching estimator approach
Kazushi Takahashi, Takayuki Higashikata and Kazunari Tsukada

The role of human capital in China's total factor productivity growth: A cross-province analysis
Zheng Wei and Rui Hao

Exploring the impact of foreign aid on corruption: Has the "anti-corruption movement" been effective?
Nicholas Charron

Virtual issues available free

Aspects of the Indian economy
The Developing Economies has been publishing important research on India for the past 50 years. You can read some of the best articles from the last 10 years in this free virtual issue.

Best articles on China
You can read a selection of The Developing Economies' best articles on China, collected together in a virtual issue.

The Developing Economies publishes original research articles dealing with empirical and comparative studies on social sciences relating to developing countries. It provides an opportunity for discussions and exchanges across the widest spectrum of scholarly opinions in relation to problems confronted by countries on the road to development.

In 2012 The Developing Economies celebrates its 50th volume. You can read a collection of the best recent articles on India, read the latest special issue on microfinance or browse through the journal's entire back catalogue.

In general, formal financial services are not available to poor people because of high interest rates, collateral requirements, complicated application procedures, and long admissions processing. Microfinance provides access to financial services that can help to reduce poverty by both promoting opportunities and facilitating empowerment.

The latest special issue of The Developing Economies explores the microfinance revolution. You can read the entire special issue online or jump directly to the articles that interest you:

Financial services to the poor: An introduction to the special issue on microfinance
Miki Hamada

Microfinance revolution: Its effects, innovations, and challenges
Hisaki Kono and Kazushi Takahashi

Why is the take-up of microinsurance so low? Evidence from a health insurance scheme in India
Seiro Ito and Hisaki Kono

Microfinance penetration and its influence on credit choice in Indonesia: Evidence from a household panel survey
Kazunari Tsukada, Takayuki Higashikata and Kazushi Takahashi

The short-term poverty impact of small-scale, collaterral-free microcredit in Indonesia: A matching estimator approach
Kazushi Takahashi, Takayuki Higashikata and Kazunari Tsukada

Commercialization of microfinance in Indonesia: The shortage of funds and the linkage program
Miki Hamada