Environmental Shocks and Sustainability in Microfinance : Evidence from the Great Famine of Ireland
I study the effects of a major environmental shock on microfinance lending by analyzing the Irish Loan Funds during the Great Famine of Ireland. I find that funds in districts worse affected by blight experienced higher failure rates and greater credit retrenchment and flight-to-quality than funds i...
Main Author: | |
---|---|
Format: | Journal Article |
Published: |
Published by Oxford University Press on behalf of the World Bank
2019
|
Subjects: | |
Online Access: | http://hdl.handle.net/10986/32785 |