Beschreibung:
Building on theories of finance and distribution, and the political economy of finance, this book explains the influence of financial cooperatives on wealth and income distribution, and institutional factors that determine the development of financial cooperatives.
1. Introduction: why financial cooperatives matter now 2. Finance, distribution and the economic objective of financial cooperatives 3. Financial cooperatives and income inequality: empirical evidence 4. Political economy theory for financial cooperative development 5. Political institutions and financial cooperative development: empirical evidence 6. The origin and rationale for financial cooperative regulation in underdeveloped economies 7. Regulation, supervision and deposit insurance for financial cooperatives: an empirical investigation Discussion and conclusions