Role of Micro Finance in Pakistan Video
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Technology is the biggest factor driving this transformation and being tech-savvy is now becoming one of the major pre-requisites for companies when making recruitments against all senior and middle management positions. All major and successful companies are increasingly realizing that data is their most precious asset and knowledge of data analytics, big data, machine learning, algorithms and artificial intelligence, is gradually becoming a core competency to fill a role in these progressive organizations. As the pace of economic change accelerates, so does the need for reliable and relevant information. Therefore, these developments are actually engulfing the overall financial systems as a whole on the global scale. As such, the key role of a CFO has not just diversified but has also become extremely challenging and complex. Any professional who misses this opportunity and fails to embrace these massive changes, risk becoming redundant entities. All global and local accounting forums and professional bodies along with audit firms specially the Big-4 are gearing towards these emerging priorities and quickly adapting to the evolution of technology. The COVID pandemic has made technology led transformation even more critical for the businesses to survive these challenging times as more entities incorporate technology to optimize costs and efficiencies while simultaneously managing the remote working environment imperative to build sustainable operations in the new social distancing norms. The financial standing and resource allocation that occur within a company is shifting in light of altered realities brought about by the COVID pandemic with more focus on creating diverse ecosystems that can handle the challenges posed by a digitally enabled economy. So, what are the traits and skills that a CFO requires in this digital age in order to stay relevant? Role of Micro Finance in Pakistan.Skip to search form Skip to main content You are currently offline. Some features of the site may not work correctly. DOI: Khandker Published Economics. Micro-finance supports mainly informal activities that often have low market demand.
It may be thus hypothesized that the aggregate poverty impact of micro-finance in an economy with low economic growth is modest or nonexistent. The observed borrower-level Financce impact is then a result of income redistribution or short-run income generation. The author addresses these questions using household level panel data from Bangladesh. View on SSRN. Save to Library. Create Alert. Launch Research Feed. Share This Paper.
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More Filters. Does Microfinance Reduce Poverty in Bangladesh? New Evidence from Household Panel Data. Highly Influenced. View 4 excerpts, cites background and results. Research Feed. Microfinance and Rural Household Development.
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