Abstrakt
This Dissertation aims to contribute to the on-going debate in microfinance in the following three dimensions: In the first chapter, the impact of microfinance on macro economies is analysed. Motivated by limited knowledge of the economy-wide effects of microfinance, we aim to measure its impact on economic growth, financial sector development and reductions in income inequality.
The second and third chapters are devoted to analysis of the microfinance environment in Uzbekistan, based on the primary dataset, which constitutes the first evidence of the impact of microfinance from the Central Asia region.