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Journal Articles Strategic Change Year : 2017

Microfinance development in Armenia: Sectoral characteristics and problems

Emma Avetisyan
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Abstract

The heavy-handed regulation enforced a commercialization process and as a result pushed microfinance institutions towards a commercial logic. This commercial shift, in its turn, diminished the importance of the social component.
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Dates and versions

hal-01695638 , version 1 (29-01-2018)

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Knar Khachatryan, Emma Avetisyan. Microfinance development in Armenia: Sectoral characteristics and problems. Strategic Change, 2017, 26 (6), pp.575 - 584. ⟨10.1002/jsc.2169⟩. ⟨hal-01695638⟩
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