scholarly journals The Cost Structure of Microfinance Institutions in Eastern Europe and Central Asia

2006 ◽  
Author(s):  
Valentina Hartarska ◽  
Steven B. Caudill ◽  
Daniel M. Gropper
Keyword(s):  
Eastern Europe ◽  
Central Asia ◽  
Cost Structure ◽  
Microfinance Institutions ◽  
The Cost

Drivers of financial and operational efficiency of MFIs: empirical evidences from Eastern Europe and Central Asia

2020 ◽  
Vol 27 (9) ◽  
pp. 2679-2697
Author(s):  
Asif Khan ◽  
Saba Shireen
Keyword(s):  
Eastern Europe ◽  
Central Asia ◽  
Best Practice ◽  
Operational Efficiency ◽  
Microfinance Institutions ◽  
Truncated Regression ◽  
Content Type ◽  
Bootstrap Procedure ◽  
Empirical Results ◽  
Second Stage

PurposeThe study attempts to examine the bias-adjusted financial and operational efficiency estimates of microfinance institutions (MFIs) operating in the Eastern Europe and Central Asia (ECA) region during the financial year 2017–2018. In addition, the study also identifies the responsible factors determining the financial and operational performances of MFIs operating in the ECA region.Design/methodology/approachThe study employs two-stage bootstrap data envelopment analysis (DEA). In the first stage, the authors incorporate the bootstrap procedure in the DEA framework as suggested by Simar and Wilson (2000) to estimate the bias-corrected efficiency scores of 67 sample MFIs. In order to identify the drivers of efficiency level, the study deploys the bootstrap truncated regression model following the Simar and Wilson (2007) guidelines in the second stage of analysis.FindingsThe authors note from the empirical results that MFIs operating in the ECA region are relatively more financially efficient (0.588) than socially efficient (0.496). However, none of the MFIs were found to be operating at best-practice frontier while considering the bias-adjusted efficiency estimates. Further, the results of second stage of analysis confirm that corporate governance, that is, board size has positive and statistically significant impact on MFIs’ performances. In addition, the bad credit quality deteriorates both financial revenue and operational efficiency. Moreover, the MFIs’ size, profit status and debt-to-equity ratio were also found to be statistically significant to determine the operational and financial efficiency of MFIs in the ECA region.Practical implicationsThe study provides the robust efficiency estimates and factors responsible to determine the financial and operational efficiency of MFIs operating in the ECA region. Further, the empirical results of the study provide the inputs and further direction to the policymakers, regulators, practitioners and managers in framing the policy and optimal operating strategies for ECA MFIs industry.Originality/valueThe study extends the DEA analysis by incorporating the bootstrap procedure in DEA model to estimate the bias-adjusted efficiency scores which are more reliable and robust. In addition, bootstrap truncated regression has been applied to identify the drivers of efficiency. Moreover, in the literature there is no single study which has deployed the double bootstrap DEA framework to examine the financial and operational efficiency estimates and its drivers.

Performance and Capital Structure of Microfinance Institutions in Eastern Europe and Central Asia

2017 ◽  
Vol 55 (5) ◽  
pp. 395-419 ◽  
Author(s):  
Knar Khachatryan ◽  
Valentina Hartarska ◽  
Aleksandr Grigoryan
Keyword(s):  
Capital Structure ◽  
Eastern Europe ◽  
Central Asia ◽  
Microfinance Institutions

Averting AIDS Crises in Eastern Europe and Central Asia

2003 ◽  
Author(s):  
Olusoji Adeyi ◽  
Enis Baris ◽  
Sarbani Chakraborty ◽  
Thomas Novotny ◽  
Ross Pavis
Keyword(s):  
Eastern Europe ◽  
Central Asia

scholarly journals Comparison of LPWAN Technologies: Cost Structure and Scalability

2021 ◽  
Author(s):  
Mohammad Istiak Hossain ◽  
Jan I. Markendahl
Keyword(s):  
Communication Technology ◽  
Service Providers ◽  
Communication Technologies ◽  
Cost Structure ◽  
Small Scale ◽  
Area Network ◽  
Wide Area Network ◽  
Generic Framework ◽  
Cost Efficient ◽  
The Cost

AbstractSmall-scale commercial rollouts of Cellular-IoT (C-IoT) networks have started globally since last year. However, among the plethora of low power wide area network (LPWAN) technologies, the cost-effectiveness of C-IoT is not certain for IoT service providers, small and greenfield operators. Today, there is no known public framework for the feasibility analysis of IoT communication technologies. Hence, this paper first presents a generic framework to assess the cost structure of cellular and non-cellular LPWAN technologies. Then, we applied the framework in eight deployment scenarios to analyze the prospect of LPWAN technologies like Sigfox, LoRaWAN, NB-IoT, LTE-M, and EC-GSM. We consider the inter-technology interference impact on LoRaWAN and Sigfox scalability. Our results validate that a large rollout with a single technology is not cost-efficient. Also, our analysis suggests the rollout possibility of an IoT communication Technology may not be linear to cost-efficiency.

scholarly journals Vaccine Hesitancy and Demand for Immunization in Eastern Europe and Central Asia: Implications for the Region and Beyond

2020 ◽  
Vol 25 (10) ◽  
pp. 808-815
Author(s):  
Rafael Obregon ◽  
Mario Mosquera ◽  
Sergiu Tomsa ◽  
Ketan Chitnis
Keyword(s):  
Eastern Europe ◽  
Central Asia ◽  
Vaccine Hesitancy

scholarly journals Rabies in the Middle East, Eastern Europe, Central Asia, North Africa: Building

2021 ◽  
Author(s):  
Emma Taylor ◽  
Victor Del Rio Vilas ◽  
Terence Scott ◽  
Andre Coetzer ◽  
Joaquin M. Prada ◽  
...  
Keyword(s):  
Middle East ◽  
Eastern Europe ◽  
Central Asia ◽  
North Africa
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