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Global Financial Linkages, MFI's Sustainability and Poverty Reduction

TypeResearch Project
Hosting Institution(s)Centre for Area Studies, U Leipzig, Germany
Head ResearcherD. Leonard Mwamba (Postdoctoral Researcher, University of Leipzig, Germany)
Director(s) /
Spokesperson(s)/
Representative(s)

Dr. Esther K. Ishengoma, University of Dar es Salaam, Tansania

Prof. Dr. Matthias Middell, Global and European Studies Institute, University of Leipzig

FundingVolkswagen Foundation
Funding Term2014 - 2016


Project Description
The project aims at exploring the types and nature of global financial linkages and to assess their effects on micro finance institutions’ (MFI’s) sustainability, as well as on those institutions’ poverty reduction objectives. Assuming that global financial linkages exert a strong influence on MFIs in terms of requirements/standards/norms/regulations, being a part of the financial chain, means that certain mechanisms are set up to ensure MFIs’ compliance. Until now, it is not known, how that interaction is actually enacted, enforced, and stabilized in the Eastern African region. The project draws on theories of global value chains, of institutions and transaction costs, and on theorems of principal-agent interaction to approach research questions, and will give an insight into specific governance structures in a globalised financial sector.

Staff
The project is led by:

·         Dr. Esther K. Ishengoma, University of Dar es Salaam

·         Prof. Dr. Matthias Middell, Global and European Studies Institute, University of Leipzig

·         Dr. Ute Rietdorf,  Centre for Area Studies, University of Leipzig,