The Characteristics of a Federated Network of Financial Cooperatives
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چکیده
Various models of organization for networks of financial cooperatives are found around the world. The current situation, especially in terms of quality of governance, outreach and efficiency, appears to have been influenced significantly by the importance placed on the type of network organization chosen in the past. For example, European federated networks of financial cooperatives present certain characteristics which differ notably from credit unions in the United States.
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