Microcredit, Regional Programs and Credit Guarantees in Italy

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

This work proposes an analysis of microcredit initiatives analyzed at the territorial level. The differences are analyzed on the basis of distinctive features to identify different ways to develop microcredit in Italy. An empirical analysis is also carried out to verify the existence of a statistically significant correlation between the characteristics of entrepreneurial microcredit programs and their default risk. The presence of credit guarantee systems and the role of bank intermediaries as promoters significantly mitigate the risk of default on these initiatives. Regional microcredit programs do not show significant territorial differences in terms of credit guarantees.
Original languageEnglish
Title of host publicationLe regioni d'Europa tra identità locali, nuove comunità e disparità territoriali
Pages203-220
Number of pages18
Publication statusPublished - 2019

Publication series

NameSCIENZE REGIONALI

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  • Cite this

    Provenzano, V. (2019). Microcredit, Regional Programs and Credit Guarantees in Italy. In Le regioni d'Europa tra identità locali, nuove comunità e disparità territoriali (pp. 203-220). (SCIENZE REGIONALI).