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...

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Bibliographic Details
Main Author: Goodspeed, Tyler Beck
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