The University of Bergamo comprises different departments and research centres among which the research CESC Research Center (Center for Socio-Economic Dynamics and Co-operation) established in 2016. The Research Group “Finance and Development” (FinDev) is one of the projects of the research centre.
The Research Group FinDev aims to analyze the contribution of finance to economic development, with particular attention to the innovative methodologies of financial intermediation applicable to low income countries. In this framework, microfinance is studied. FinDev works in close co-operation with the department of Management, Economics and Quantitive Methods.
Thanks to a grant provided by the Giordano Dell'Amore Foundation, the group is equipped with a specialized library. The Foundation also financed some research projects. The activities of the group primarily comprise scientific research and the publication of the Journal Savings and Development (http://savingsanddevelopment.unibg.it/).
Main competencies of the faculty members include:
The team has conducted several research projects and consulting works in Africa, Asia and Latin America.
Some other external collaborators work for FinDev on temporary basis and bring in their specific experience.
FinDev also relies on long term experience of members of the Department of Management, Economics and Quantitive Methods, who have worked in different research and training projects in Africa, Asia and Latin America. Research initiatives include:
• Liability structure and lending performance in MFIs• Liquidity management in African banks• The development of African financial markets