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Credit Co-operatives in Locally Financed Economic Development: Using Energy Efficiency as a Lever

Robert J. McIntyre

No RP2006-17, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: In most transitional and many developing countries institutions capable of supporting economic development with localized saving-investment cycles have not developed. This crucial gap is in no way addressed by either country-level macro programmes dealing with 'development finance' or by donor-driven 'micro credit' schemes of Grameen and other types operating at a lower (local) level.

Keywords: Cooperative societies; Credit; Economic development; Financial institutions (search for similar items in EconPapers)
Date: 2006
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