The dilemma here is again on the appropriate doses: How to facilitate and speed up the adjustment while minimising the risk of ‘curing the disease and killing the patient’? And how can we smooth the adjustment without sowing the seeds of the next crisis? In other words, how can policy avoid tail risks? And at what cost?
The technology and methodology of microfinance has also been used to provide financing needs in the areas of agriculture and housing, among others. In the Philippines, practitioners have developed the Micro-Agri Product and more recently the breakthrough Housing Microfinance Product which the Bangko Sentral recognizes as variations of a microfinance loan.