Lack of credit for farming is one of the main obstacles that poor Thai farmers face. Most agricultural credits from commercial banks are given to large agricultural businesses thus leaving out poor farmers who consequently have to borrow from informal sources with high interest rates. Read More
Trento, Italy on June 15th and 16th, 2017 The registrations are now open for the 8th Workshop on Cooperative Finance and Sustainable Development.The participation is free of charge but for organisational reasons the registration is necessary before June 10th.The draft version of the workshop programme is available here. Read More
16-17 June 2016, Trento, Italy The 7th Euricse Workshop on Cooperative Finance and Sustainable Development, organized in collaboration with Federcasse (Italian Federation of Cooperative Credit Banks) and with the support of EACB (European Association of Co-operative Banks), will be held in Trento, Italy on June 16th and 17th, 2016, at the Faculty of Economics.Workshop Programme Read More
En este trabajo se describe la evolución de las cooperativas de crédito en Argentina desde finales de 1880 hasta la actualidad. El análisis presta particular atención a la influencia de factores políticos e institucionales. En términos más específicos, muestra cómo reiterados cambios en el marco legal y regulatorio, inducidos por la profunda inestabilidad del contexto político argentino, han afectado sustancialmente la dimensión y la estructura del sistema de cooperativas de crédito. Read More
The macroeconomic impact of bank misconduct has deterred users of financial services from using the system, to the detriment of market integrity, and has prompted policymakers and supervisors to turn to "culture" as a tool to regain public trust. This paper addresses the definitional deficit on what "culture" is by exploring the illustrative case of cooperative banks. Read More
This report analyzes the impacts of the economic crisis on bank-business relationships in Italy from 2008 to 2014. It focuses on the change in credit, the consequences of the reduction in business financing, and the deterioration in the quality of bank loans. Read More
The 7th Euricse Workshop on Cooperative Finance and Sustainable Development, organized in collaboration with Federcasse (Italian Federation of Cooperative Credit Banks) and with the support of EACB (European Association of Co-operative Banks), has taken place in Trento, Italy on June 16th and 17th, 2016, at the Faculty of Economics. Workshop Programme Read More
Starting with the mission of foundations of banking origin (FOBs), the result of the privatizations of Italy's public banks that began in 1990, this paper assesses the quality of the work of these entities, applying a model of analysis that considers their philanthropic activities, investment activities of resources derived from the total or partial divestment of holdings in former public banks (transferee banks), governance and transparency. Read More
This paper proposes an analysis the literature on the shift from stakeholder to shareholder finance behind the Great Financial Crisis (GFC). Traditional banks generally maximized stakeholder value (STV). But before the GFC also many of them started maximizing shareholder value (SHV). Read More
The paper addresses new regulatory measures for the EU financial system and was discussed by Carlo Borzaga, Euricse president; Romano Prodi, economist and former president of the European Commission and the Italian Council; Sir Partha Dasgupta, economist at Cambridge University and the London School of Economics; and Alessandro Azzi, president of Federcasse. Read More
Euricse (European Research Institute on Cooperative and Social Enterprises) announces that registration for the the Sixth Euricse international Workshop on Cooperative Finance and Sustainable Development is now open. The workshop, organized in collaboration with Federcasse (Italian Federation of Cooperative Credit Banks) and with the support of EACB (the European Association of Co-operative Banks), will be held in Trento, Italy on June 18th and 19th, 2015. Read More
The study analyzes the evolution of the cooperative credit system in the province of Trento over the last decade, focusing in particular on the conditions of competition, both between cooperative credit banks and other types of banks, and within the cooperative credit system itself. Read More