MICROFINANCE, FINANCIAL NETWORK AND GLOBALIZATION

Microfinance is increasingly the most accessible form of financing for those in need of funding (over 95% of small and medium-sized firms at European level). Microfinance to reach direct beneficiaries must use financial networks. Network risk, (RRT), takes on concrete forms of action, manifestation,...

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Bibliographic Details
Published in:The yearbook of the "Gh.Zane" Institute of Economic Research 2018-01, Vol.27 (1), p.67
Main Author: MANTA, OTILIA
Format: Article
Language:English
Subjects:
International finance
Microfinance
Online Access:Get full text
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Summary:Microfinance is increasingly the most accessible form of financing for those in need of funding (over 95% of small and medium-sized firms at European level). Microfinance to reach direct beneficiaries must use financial networks. Network risk, (RRT), takes on concrete forms of action, manifestation, forms usually determined by network characteristics that are affected by decoupling, distortion, phasing out, distortion, debilitating the strength of a financial network feature. Obviously, these forms refer to the radiant impact of the institutional characteristic of the network, embodied in norms, bodies, rules, structures, etc. on the interactive features of the network. The institutional grid of the network is the force, the ability of the network’s interactive feature to negatively influence the performance of the components. Based on these considerations, the global financial network risk must be assessed in the current context of the financial networking functionality challenges
ISSN:1453-4061