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KfW has been assigned responsibility by the German government and several other donors for projects designed to reconstruct the financial landscapes of Southeast Europe. These activities are recognized as quite successful in building sustainable financial institutions that serve the small end of the market, with special emphasis on microenterprise and small business. The KfW-managed projects have contributed to the overall stability of financial sectors and to economic recovery and growth through employment creation and investment. This book reviews experience gained and analyses the reasons for the successes achieved, options for further improvement, and scope for replicability in other transition and developing economies. A particularly interesting feature is that relatively small amounts of public funds can catalyse financial markets in volatile environments.

Banks and banking --- Financial institutions --- Microfinance --- AA / International- internationaal --- EUR / Europe - Europa --- 333.102 --- 333.101 --- Bankconcentratie. --- Banksysteem en bankstelsel. --- Micro-finance --- Microcredit --- Microenterprise lending --- Microlending --- Financial intermediaries --- Lending institutions --- Agricultural banks --- Banking --- Banking industry --- Commercial banks --- Depository institutions --- Banksysteem en bankstelsel --- Bankconcentratie --- Macroeconomics. --- Development economics. --- Finance. --- Macroeconomics/Monetary Economics//Financial Economics. --- Development Economics. --- Finance, general. --- Funding --- Funds --- Economics --- Currency question --- Economic development --- Financial services industry --- Small business --- Associations, institutions, etc. --- Finance --- Money --- Banks and banking - Balkan Peninsula --- Financial institutions - Balkan Peninsula --- Microfinance - Balkan Peninsula --- Acqui 2006