Executive Summary

The Move toward Microfinance

Save the Children’s Spin-off History: From Program to Independent Institutions

Building Blocks for Spinning Off

Benefits and Risks of Spinning Off

The Spin-Off and the Parent Institution: Strengthening Ties or Phasing Out?

The Role of Donors in Spinning Off

Fraud and its Effect on Spin-Offs

Lessons and Recommendations

Annex Recent Economic Strides and Challenges in Jordan, Lebanon and the West Bank and Gaza

Bibliography

Boxes

Tables

Annex Table