Publication:
Measuring the Performance and Achievement of Social Objectives of Development Finance Institutions

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dc.contributor.authorFrancisco, Manuela
dc.contributor.authorMascaró, Yira
dc.contributor.authorMendoza, Juan Carlos
dc.contributor.authorYaron, Jacob
dc.date.accessioned2012-05-24T17:57:51Z
dc.date.available2012-05-24T17:57:51Z
dc.date.issued2008-02
dc.description.abstractThis paper develops and tests a proposed methodology that puts forward a new integrated method for evaluating the performance of development finance institutions. This methodology applies assessment criteria that take into account both the social objective that the development finance institution addresses and the subsidies it received in order to achieve such an objective. This methodology is applied to two pilot case studies-Banadesa (Honduras) and Banrural (Guatemala). The authors calculate the previously tested subsidy dependence index, which measures the degree of an institution's subsidy dependence. The paper develops and estimates a new measure-the output index- which indicates the level to which the institution fulfills the social objectives of the state. The analysis integrates the subsidy dependence index and the output index to assess the effectiveness associated with meeting the social objective. The findings suggest that the integration of the two indexes can constitute the basis of a meaningful evaluation framework for the performance of development finance institutions. This new methodology can also be a useful metric for policy makers who are seeking to decide on an optimal allocation of scarce funds for development finance institutions that pursue social goals and for management that seeks improved performance outcomes.en
dc.identifierhttp://documents.worldbank.org/curated/en/2008/02/8986954/measuring-performance-achievement-social-objectives-development-finance-institutions
dc.identifier.doi10.1596/1813-9450-4506
dc.identifier.urihttps://hdl.handle.net/10986/6366
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4506
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO FINANCE
dc.subjectACCESS TO FINANCIAL SERVICES
dc.subjectACCESS TO INFORMATION
dc.subjectACCOUNTING
dc.subjectADMINISTRATIVE COST
dc.subjectADMINISTRATIVE COSTS
dc.subjectADVISORY SERVICES
dc.subjectAGRICULTURAL ACTIVITIES
dc.subjectAGRICULTURAL BANK
dc.subjectAGRICULTURAL COOPERATIVES
dc.subjectAGRICULTURAL CREDIT
dc.subjectAGRICULTURAL DEVELOPMENT BANK
dc.subjectARREARS
dc.subjectAUDITS
dc.subjectBANK LENDING
dc.subjectBANK POLICY
dc.subjectBANKING INDUSTRY
dc.subjectBANKING SERVICES
dc.subjectBANKING SYSTEMS
dc.subjectBANKS
dc.subjectBENEFICIARIES
dc.subjectBEST PRACTICES
dc.subjectBONDS
dc.subjectBORROWER
dc.subjectBORROWING
dc.subjectBUSINESS CYCLE
dc.subjectBUSINESS PLAN
dc.subjectBUSINESS SCHOOL
dc.subjectCALCULATION
dc.subjectCALCULATIONS
dc.subjectCAPITAL ADEQUACY
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKETS
dc.subjectCOLLATERAL
dc.subjectCOMMERCIAL BANK
dc.subjectCOMMERCIAL BANKING
dc.subjectCOMMERCIAL BANKS
dc.subjectCONSUMER
dc.subjectCONSUMER LOAN
dc.subjectCONSUMER LOANS
dc.subjectCONTINGENCY
dc.subjectCORRUPTION
dc.subjectCOST OF LOANS
dc.subjectCOST OF SUBSIDY
dc.subjectCREDIT ALLOCATION
dc.subjectCREDIT CARD
dc.subjectCREDIT CONSTRAINTS
dc.subjectCREDIT LINES
dc.subjectCREDIT PROGRAMS
dc.subjectCREDIT RATIONING
dc.subjectCREDIT RISK
dc.subjectCREDIT RISKS
dc.subjectCREDITOR
dc.subjectCUSTOMER BASE
dc.subjectDEBTORS
dc.subjectDELIVERY COST
dc.subjectDELIVERY MECHANISM
dc.subjectDEMAND FOR CREDIT
dc.subjectDEPOSITS
dc.subjectDEVELOPMENT BANK
dc.subjectDEVELOPMENT BANKS
dc.subjectDEVELOPMENT FINANCE
dc.subjectDEVELOPMENT FINANCE INSTITUTION
dc.subjectDEVELOPMENT FINANCE INSTITUTIONS
dc.subjectDIRECT CREDIT
dc.subjectDIRECTED CREDIT
dc.subjectECONOMIC ACTIVITIES
dc.subjectECONOMIC COST
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC MANAGEMENT
dc.subjectECONOMIC POLICY
dc.subjectECONOMIC REFORM
dc.subjectECONOMIES OF SCALE
dc.subjectEMPLOYEE
dc.subjectENTREPRENEURS
dc.subjectFARMERS
dc.subjectFEDERAL RESERVE
dc.subjectFEDERAL RESERVE BANK
dc.subjectFINANCES
dc.subjectFINANCIAL ADVISORS
dc.subjectFINANCIAL COSTS
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL DEPTH
dc.subjectFINANCIAL DEVELOPMENT
dc.subjectFINANCIAL INSTITUTION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INTERMEDIARIES
dc.subjectFINANCIAL INTERMEDIATION
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL PICTURE
dc.subjectFINANCIAL PRODUCT
dc.subjectFINANCIAL PRODUCTS
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SECTOR DEVELOPMENT
dc.subjectFINANCIAL SELF-SUSTAINABILITY
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL SITUATION
dc.subjectFINANCIAL SKILLS
dc.subjectFINANCIAL SUSTAINABILITY
dc.subjectFINANCIAL SYSTEM
dc.subjectFINANCIAL SYSTEMS
dc.subjectFORM OF CREDIT
dc.subjectGENDER
dc.subjectGOVERNMENT FUNDING
dc.subjectGOVERNMENT INTERVENTION
dc.subjectGOVERNMENT INTERVENTIONS
dc.subjectGOVERNMENT OWNERSHIP
dc.subjectHOUSEHOLDS
dc.subjectHOUSING LOANS
dc.subjectINCOME
dc.subjectINCOME GROUP
dc.subjectINCOME GROUPS
dc.subjectINEQUALITY
dc.subjectINFLATION
dc.subjectINFORMATION ASYMMETRY
dc.subjectINFORMATION SYSTEM
dc.subjectINFORMATION SYSTEMS
dc.subjectINTEREST CHARGES
dc.subjectINTEREST PAYMENT
dc.subjectINTEREST RATE
dc.subjectINTEREST RATE CEILINGS
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL BANK
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT CLIMATE ASSESSMENT
dc.subjectINVESTMENT RISKS
dc.subjectLACK OF INFORMATION
dc.subjectLAND OWNERSHIP
dc.subjectLARGE FIRMS
dc.subjectLENDER
dc.subjectLENDERS
dc.subjectLENDING PORTFOLIO
dc.subjectLIQUIDATIONS
dc.subjectLOAN
dc.subjectLOAN PORTFOLIO
dc.subjectLOAN PORTFOLIOS
dc.subjectLOAN RECOVERY
dc.subjectLOAN REPAYMENT
dc.subjectLOAN SIZE
dc.subjectLOAN SIZES
dc.subjectLOW INTEREST RATES
dc.subjectLOW-INCOME
dc.subjectLOW-INCOME BORROWERS
dc.subjectLOW-INCOME GROUP
dc.subjectLOW-INCOME GROUPS
dc.subjectLOW-INCOME INDIVIDUALS
dc.subjectLOWER INCOME
dc.subjectMEDIUM ENTERPRISES
dc.subjectMERCHANTS
dc.subjectMICRO-ENTERPRISES
dc.subjectMICROFINANCE
dc.subjectMICROFINANCE INSTITUTIONS
dc.subjectMICROFINANCE LOANS
dc.subjectMINORITY SHAREHOLDER
dc.subjectMORAL HAZARD
dc.subjectMORTGAGES
dc.subjectNET WORTH
dc.subjectOPERATING COSTS
dc.subjectOPERATIONAL COSTS
dc.subjectOPPORTUNITY COST
dc.subjectOTHER ASSETS
dc.subjectOUTREACH
dc.subjectOUTSTANDING BALANCE
dc.subjectOUTSTANDING LOAN
dc.subjectPARTIAL CREDIT
dc.subjectPERFORMANCE MEASUREMENT
dc.subjectPOOR CLIENTS
dc.subjectPRIVATE BANKS
dc.subjectPRIVATE FINANCIAL INSTITUTIONS
dc.subjectPRIVATIZATION
dc.subjectPRIVATIZATIONS
dc.subjectPROFIT MARGIN
dc.subjectPROFITABILITY
dc.subjectPROVISION OF CREDIT
dc.subjectPUBLIC AWARENESS
dc.subjectPUBLIC BANKS
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC ECONOMICS
dc.subjectPUBLIC FUNDS
dc.subjectPUBLIC GOOD
dc.subjectPUBLIC POLICY
dc.subjectREGULATORY STANDARDS
dc.subjectRELATED COST
dc.subjectRELATED COSTS
dc.subjectREPAYMENT
dc.subjectRESERVE BANK
dc.subjectRESERVE REQUIREMENT
dc.subjectRESERVE REQUIREMENTS
dc.subjectRESOURCE ALLOCATION
dc.subjectRETAIL BANK
dc.subjectRISK PREMIUM
dc.subjectRURAL BANKS
dc.subjectRURAL FINANCE
dc.subjectSAVINGS ACCOUNT
dc.subjectSELF-SUFFICIENCY
dc.subjectSMALL BUSINESSES
dc.subjectSMALL FARMERS
dc.subjectSOCIAL BANKING
dc.subjectSOCIAL DEVELOPMENT
dc.subjectSOCIAL WELFARE
dc.subjectSUBSIDY COSTS
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTERM CREDIT
dc.subjectTERMS OF LOANS
dc.subjectTOTAL COST
dc.subjectTRANSACTION
dc.subjectTRANSACTION COST
dc.subjectTRANSACTION COSTS
dc.subjectTRANSACTIONS COSTS
dc.subjectTYPE OF COST
dc.subjectTYPE OF LOAN
dc.subjectTYPES OF LOANS
dc.subjectUNIVERSAL ACCESS
dc.subjectUNIVERSAL BANKING
dc.subjectVALUABLE
dc.subjectVILLAGE
dc.subjectVOLATILE INCOME
dc.subjectVOLUNTARY SAVINGS
dc.subjectVOUCHER
dc.subjectWELFARE STATE
dc.titleMeasuring the Performance and Achievement of Social Objectives of Development Finance Institutionsen
dspace.entity.typePublication
okr.crossref.titleMeasuring The Performance And Achievement Of Social Objectives Of Development Finance Institutions
okr.date.doiregistration2025-04-10T11:12:00.002781Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2008/02/8986954/measuring-performance-achievement-social-objectives-development-finance-institutions
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.guid949841468036879814
okr.identifier.doi10.1596/1813-9450-4506
okr.identifier.externaldocumentum000158349_20080204161928
okr.identifier.internaldocumentum8986954
okr.identifier.reportWPS4506
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/02/04/000158349_20080204161928/Rendered/PDF/wps4506.pdfen
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicEconomic Theory and Research
okr.topicBanks and Banking Reform
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicMacroeconomics and Economic Growth
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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