Microfinance, EU Structural Funds and Capacity Building for Managing Authorities : : A Comparative Analysis of European Convergence Regions.

• Superior document: Palgrave Studies in Impact Finance Series
• Author: Porretta, Pasqualina.
• TeilnehmendeR: Pes, Giovanni.
• Place / Publishing House: London : : Palgrave Macmillan UK,, 2015.; Ã2016.
• Year of Publication: 2015
• Edition: 1st ed.
• Language: English
• Series: Palgrave Studies in Impact Finance Series
• Physical Description: 1 online resource (314 pages)

Table of Contents

Cover -- Half-Title -- Title -- Copyright -- Contents -- List of Boxes -- List of Charts -- List of Figures -- List of Tables -- Foreword -- Preface -- Notes on Contributors -- Part I EU Structural Funds, Microenterprise and Non-financial Services -- 1 Financial Crises and EU Credit Access Policy -- 1.1 Methodology and purposes of the research -- 1.2 Small businesses and microenterprises in the EU economy: introduction -- 1.3 The importance of the SMEs in the European economy -- 1.4 Typical financial profiles, in particular with regard to microenterprises -- 1.5 The supply of credit in the years of crisis -- 1.6 Some summary considerations on data examined -- 1.7 Access to credit in the European Commission's view -- 1.8 European Investment Bank: mission and operating methods -- 1.9 What is the EIF? -- 1.10 The main financial instruments 2007-2013 -- 1.11 GIF -- 1.11.1 Statistical data -- 1.12 The SMEG -- 1.12.1 Statistical data -- 1.13 The CBS -- 1.14 Financial engineering instruments -- 1.14.1 JEREMIE -- 1.14.2 The advantages of the JEREMIE programme -- 1.14.3 JESSICA -- 1.14.4 JASPERS -- Statistical data -- 1.14.5 JASMINE -- Summary of data collected on financial engineering instruments -- 1.15 COSME 2014-2020 -- 1.16 EFG -- 1.17 LGF -- 2 EU Cohesion Policy and Microfinance -- 2.1 Cohesion policy, EU structural funds and financial engineering instruments: regulatory framework and operational features under the programming periods 2000-2006 and 2007-2013 -- 2.1.1 The regulatory framework in the programming period 2000-2006: first implementing provisions in regulation (EC) no. 448/2004 -- 2.1.2 The regulatory framework of the programming period 2007-2013: specific features of the financial engineering instruments -- The general regulation (EC) no. 1083/2006 and implementing provisions in regulation (EC) no. 1828/2006.

The Coordination Committee of the Funds (COCOF) notes -- 2.2 Financial instruments in the cohesion policy 2014-2020: regulatory framework -- 2.2.1 The main amendments compared to previous programming periods -- 2.3 The control system -- 2.4 Structural funds and microfinance -- 2.5 Implementing a microfinance programme through the structural funds -- 2.5.1 Some examples in Europe -- 3 EU Financial Engineering and Microfinance Non-financial Service: A Case Study -- 3.1 The ESF and the credit access of microenterprises -- 3.1.1 The problem of access to credit for microenterprises -- 3.1.2 European Social Fund and access to credit of microenterprises -- 3.2 The ESF and access to credit for microenterprises: a case study from Germany -- 3.2.1 History of microfinance in Germany -- The pilot phase (2000-2004) -- The consolidation phase (2005-2009) -- Roll-out (2010-today) -- Appraisal of ESF support for microcredit in Germany -- 3.3 Microfinance and non-financial services: the European resources to sustain non-financial services -- 3.4 The new European plans -- 3.5 Non-financial services: advantages and operational features -- 3.5.1 Types of non-financial services -- 3.5.2 Who funds the non-financial services? -- 3.6 Partnerships in delivery financial and BDSS services to the microcredit beneficiaries in Romania -- 3.6.1 Case study 1. Partnership in the delivery of integrated financial and business development services: FAER NBFI and FAER Foundation -- 3.6.2 Case study 2. Partnership in the delivery of integrated financial and BDS services: RoCredit-NBFI and Eurom business consulting company -- Brief description of the BDS services -- First phase -- Second phase -- Third phase (ongoing) -- Sustainability -- Sustainability of the "client first" initiative -- Impact -- 4 Microfinance and Capacity Building in the EU Policy.

4.1 Microcredit in the new EU programmes: the role of the Italian National Agency for Microcredit and the Capacity Building project -- 4.1.1 Microcredit in the new EU programmes -- 4.1.2 The role of the Italian National Agency for Microcredit in the Capacity Building project -- 4.2 Microleasing, microinsurance, social housing: the new frontiers for European microfinance -- 4.3 Microleasing: introduction and Capacity Building project issues -- 4.4 Microinsurance: a solution just for the "developing countries"? -- 4.4.1 Introduction -- 4.4.2 Microinsurance: definition, literature and regulatory profiles -- 4.4.3 Microinsurance: subjects involved -- Provision of microinsurance -- 4.4.4 Demand for microinsurance -- 4.4.5 Microinsurance: products and distribution channels -- 4.4.6 Microinsurance in the developed countries: strengths and weaknesses -- 4.4.7 Some conclusions on microinsurance -- 4.5 Social housing: introduction and the Capacity Building project issues -- 4.5.1 New developments of housing policies in the European Union -- 4.5.2 Social housing and housing microfinance -- 4.5.3 The Capacity Building project. Social microcredit to support local housing policies: new instruments for social inclusion -- 4.5.4 Possible developments within the programming period 2014-2020: the Italian case -- 4.6 Housing microcredit: the French case -- 4.6.1 Introduction -- 4.6.2 Context of the experimentation -- General overview of personal microcredit in France -- Energy poverty: a rising problem -- 4.6.3 Main characteristics of housing microcredit -- Target group -- Amount, duration, cost -- Eligible works -- Credit assessment methodology: combining energy efficiency and financial expertise -- 4.6.4 A shared-value approach -- Expected impacts -- Environmental impact -- Impact on the beneficiaries -- Financial impact -- Sustainability: a multistakeholder approach.

4.6.5 Lessons learned: first insights -- An important demand -- Clients' profile -- Types of projects -- Some obstacles -- New stakeholders, mainly suppliers -- Part II The Capacity Building Surveys: Results and Reflections -- 5 Capacity Building Surveys -- 5.1 Methodological framework: aims, questionnaires -- 5.2 The managing authorities' interest and needs in capacity building activities -- 5.3 The questionnaire: the investigation area -- 5.4 The sample used -- 5.5 Main results -- 5.5.1 Thematic objectives -- 5.5.2 Ex ante conditionalities -- 5.5.3 Programming -- 5.5.4 Management -- 5.5.5 Evaluation and monitoring -- 5.5.6 Financial management and control of the operational management -- 5.6 Conclusions on first survey -- 5.7 Second survey: aims, investigation areas and sample used -- 5.8 The main results of the survey: first considerations -- 5.8.1 Analysis of the main results of the microcredit/microfinance programming activity -- 5.8.2 Monitoring and reporting activities -- 5.8.3 Regulatory framework of microcredit/microfinance sector and other -- 5.9 Reflections on the second survey -- Final Reflections -- Conclusions -- Bibliography -- Index.