Undermining Rural Development With Cheap Credit

Author : Dale W Adams
Publisher : Routledge
Page : 265 pages
File Size : 45,8 Mb
Release : 2021-11-28
Category : Social Science
ISBN : 9781000009415

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Undermining Rural Development With Cheap Credit by Dale W Adams Pdf

Originally published in 1985, twenty-three chapters are brought together in 4 parts dealing with, respectively, problems in rural finance, interest rate policies, politics and finance, and new directions for rural financial markets. In an introduction it is argued that cheap and abundant credit is often regarded as essential for rural development but that actions taken on the basis of this assumption have given disappointing results. Low-interest policies and the improper use of financial markets are seen as the principal reasons for this. It is recommended that higher and more flexible interest rates are allowed and that little or no attention is given to target loans. Informal lenders are thought to offer valuable services therefore they should not be discouraged. More emphasis should be put on voluntary savings mobilization and access to formal loans by non-farm rural firms. It is concluded that many traditional agricultural credit programmes are counterproductive and that attractive product and input prices together with higher yields would be more powerful in stimulating agricultural development.

Author : Avishay Braverman,J. Luis Guasch
Publisher : World Bank Publications
Page : 44 pages
File Size : 49,9 Mb
Release : 1995
Category : Electronic
ISBN : 8210379456XXX

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Rural credit in developing countries by Avishay Braverman,J. Luis Guasch Pdf

Author : F. J. A. Bouman
Publisher : Routledge
Page : 430 pages
File Size : 49,5 Mb
Release : 2019-03-11
Category : Political Science
ISBN : 9780429690877

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Financial Landscapes Reconstructed by F. J. A. Bouman Pdf

The past few decades have seen special and changing emphasis in policy frameworks of rural financial intermediation in developing countries, varying from the distribution of cheap credit via specialized farm credit institutions, to the building of linkages between banks and savings groups, to attempts to use traders or NGOs as new conduits of lending. The destructive impact of cheap credit programs on rural financial markets has been the subject of two conferences organized by the Ohio State University in the USA in 1976 and 1981, in conjunction with the Agency for International Development and the World Bank. They resulted in a collection of readings edited by J.D. Von Pischke, Dale W Adams and Gordon Donald, Rural Financial Markets in Developing Countries (Baltimore: Johns Hopkins Press 1983), followed by Undermining Rural Development With Cheap Credit, edited by Dale W Adams, Douglas H. Graham and J.D. Von Pischke (Boulder: Westview Press 1984). Acknowledging the increasing interest of researchers and policymakers in the roles and uses of informal financial intermediaries, the Ohio State University subsequently organized a Seminar in Washington, D.C., in 1989 that produced Informal Finance in LowIncome Countries, edited by Dale W Adams and Delbert A. Fitchett (Boulder: Westview Press 1992).

Author : K. P. Padmanabhan
Publisher : Springer Series, Focus on Wome
Page : 156 pages
File Size : 41,8 Mb
Release : 1988
Category : Business & Economics
ISBN : CORNELL:31924052003021

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Rural Credit by K. P. Padmanabhan Pdf

What is - and what should be - the role of rural credit in developing countries? The author steers the reader though this discussion and towards sound practical conclusions, using examples from India, Brazil, Cameroon, Malawi and the Philippines.

Author : Von Pischke, J. D.,Dale W. Adams,Gordon Donald
Publisher : Johns Hopkins University Press
Page : 464 pages
File Size : 45,8 Mb
Release : 1983
Category : Business & Economics
ISBN : STANFORD:36105002405186

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Rural Financial Markets in Developing Countries by Von Pischke, J. D.,Dale W. Adams,Gordon Donald Pdf

Until recently the use of agricultural credit as a developmental tool seemed clear and straightforward. Most concerned people believed that increases in the volume of cheap credit were necessary to boost agricultural production, and that the rural poor could be brought into the mainstream of development through supervised credit programs. It seemed that certain ideal types of rural credit institutions offered the promise of meeting farmers' credit needs, and that experience in the industrialized countries with cooperatives and specialized agricultural finance institutions could be effectively transplanted to low-income countries. This collection of readings highlights facets of rural financial markets that have often been neglected in discussions of agricultural credit in developing countries. It moves beyond a narrow concern with the simple provision of credit to a broad consideration of the performance of rural financial markets and of ways to improve the quality and range of financial services for low-income farmers. It reflects new thinking on the design, administration, evaluation and policy framework of rural finance and credit programs in developing countries.

Author : G.H. Peters,Joachim von Braun
Publisher : Routledge
Page : 711 pages
File Size : 40,5 Mb
Release : 2018-12-18
Category : Business & Economics
ISBN : 9780429854392

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Food Security, Diversification and Resource Management: Refocusing the Role of Agriculture? by G.H. Peters,Joachim von Braun Pdf

Published in 1999, the book is the proceedings volume of the 23rd International Conference of Agricultural Economists, held in Sacramento, California, in August 1997. It continues the series of triennial IAAE conferences.

Author : Marguerite Robinson
Publisher : World Bank Publications
Page : 358 pages
File Size : 49,7 Mb
Release : 2001-06-01
Category : Business & Economics
ISBN : 9780821383384

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The Microfinance Revolution by Marguerite Robinson Pdf

Around the world, a revolution is occurring in finance for low-income people. The microfinance revolution is delivering financial services to the economically active poor on a large scale through competing, financially self-sufficient institutions. In a few countries this has already happened; in others it is under way. The emerging microfinance industry has profound implications for social and economic development. For the first time in history, capital is well on its way to being democratized. 'The Microfinance Revolution', in three volumes, is aimed at a diverse readership - economists, bankers, policymakers, donors, and social scientists; microfinance practitioners and specialists in local finance and rural and urban development; and members of the general public interested in development. This first volume, 'Sustainable Finance for the Poor', focuses on the shift from government- and donor-subsidized credit systems to self-sufficient microfinance institutions providing voluntary savings and credit services.

Author : Xuechun Zhang,Zhong Xu,Minggao Shen,Enjiang Cheng
Publisher : Asian Development Bank
Page : 531 pages
File Size : 55,9 Mb
Release : 2010-05-01
Category : Business & Economics
ISBN : 9789292547639

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Rural Finance in Poverty-Stricken Areas in the People's Republic of China by Xuechun Zhang,Zhong Xu,Minggao Shen,Enjiang Cheng Pdf

Local financial institutions represent the best choices in the financial system for small and medium-sized enterprises and farming households. Government agencies in the People's Republic of China (PRC) have proposed policies that would relax market entry criteria and allow the creation of diversified rural financial institutions. These measures will help improve PRC's financial market structure, promote better rural financial services, enable financing of labor-intensive economic activities, and promote socioeconomic development. This publication offers an overview of rural finance in the PRC, examines current financial policy and models, and offers recommendations for future reform measures.

Author : Sabapathy Thillairajah
Publisher : World Bank Publications
Page : 168 pages
File Size : 44,9 Mb
Release : 1994
Category : Business & Economics
ISBN : 0821327054

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Development of Rural Financial Markets to Sub-Saharan Africa by Sabapathy Thillairajah Pdf

World Bank Environment Paper 6. Here is a holistic approach to analyzing the environmental impact of various power systems. Unlike standard impact studies that begin at the project level, this method calls for environmental assessments that start at the planning stage of a national framework for energy policymaking. The framework would take into account the energy needs of Sri Lanka's total economy. It also would make it easier to incorporate environmental goals into power sector decisionmaking at the critical investment stage. Sri Lanka's development options for the power sector are reviewed in detail. Topics include alternative ways to assess the economic value of a power plant's impact on biodiversity, human health, and air and water pollution. The study also assesses which energy planning options work best and recommends ways in which the Ceylon Electricity Board can improve its environmental policies.

Author : Donald E Schulz,Douglas H Graham
Publisher : Routledge
Page : 464 pages
File Size : 43,6 Mb
Release : 2019-07-09
Category : Political Science
ISBN : 9781000309973

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Revolution And Counterrevolution In Central America And The Caribbean by Donald E Schulz,Douglas H Graham Pdf

A detailed examination of the roots of revolution and counterrevolution in Central America and the Caribbean, this book draws on the research of an interdisciplinary team of noted scholars. The authors give special attention to the institutional and structural causes of stability and instability—in particular, the traditional role of the United States; the current economic crisis; the changing role of the Roman Catholic church; the influence of the military and security forces, the oligarchy, and the business sector; the problems of instituting socioeconomic reform; the politics of subsistence; and the revolutionary opposition. Following the thematic chapters, a country-by-country focus is employed to assess the situations in El Salvador, Guatemala, Nicaragua, Honduras, Costa Rica, and Jamaica, and a section devoted to the international dimensions of the crisis looks at Mexican, Soviet, Cuban, and U.S. policies toward the region, The editors' concluding chapter explores prospects for the future of this troubled area.

Author : Sagrario L Floro
Publisher : Routledge
Page : 164 pages
File Size : 55,7 Mb
Release : 2019-03-07
Category : Political Science
ISBN : 9780429694790

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Informal Credit Markets And The New Institutional Economics by Sagrario L Floro Pdf

The conventional wisdomaboutcreditmarketshas been radically alteredin recent years through the introduction of elements of moral hazard,adverseselectionofrisk,and quality-price relationships. Important empiricalstudies have been published which are leading to vastly different policyimplications. This analysis has not been explicitly extended to informalcredit markets so far, although it is widely recognized that credit transactedoutside the banking circuit is quantitatively huge and qualitatively critical,especially in developing countries.This book combines the new theoretical approach to credit markets withcertain precepts of the New Institutional Economics in order to analyzeinformal credit markets. While the formal financial institutions in developingcountries carry out credit transactions within the limits set by the marketenvironment and by government policies, informal institutions evolve by aparticular selection of modes of economic behavior which are responses tointrinsic imperfections of the market. The informal sector enhances trust bymakingexistingtiesanintegralcomponentofcreditcontracts:thecontractualcomponent of informal credit capitalizes on the personalistic (social andeconomic) relationships between the transacting parties.

Author : Aditya Goenka,David Henley
Publisher : Routledge
Page : 233 pages
File Size : 54,9 Mb
Release : 2013-09-05
Category : Social Science
ISBN : 9781135255589

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Southeast Asia's Credit Revolution by Aditya Goenka,David Henley Pdf

Southeast Asia’s Credit Revolution describes and explains the rise of microfinance – the provision of credit and other financial services for the poor – in Southeast Asia, over the past four decades the most consistently successful region of the developing world. In recent years microfinance has come to be seen as a key weapon in the battle against global poverty, generating more enthusiasm and optimism than any other development strategy. Southeast Asia has a special place in the history of microfinance. Historically, Southeast Asian societies and economies were perceived as almost uniquely debt-ridden and credit-constrained. In the twentieth century, however, the region was in the forefront of the modern microfinance revolution. This book asks what factors have made it possible for formal microfinance institutions to replace moneylenders and other traditional credit providers. Bringing together economists, sociologists, anthropologists and historians, the book covers seven Southeast Asian countries. The topic is explored from cultural and institutional as well as economic perspectives, and policy-relevant lessons are offered for the design of successful microfinance institutions. Focusing on recent developments while putting them in historical context, this will be an important text for scholars and students of economic history, finance, institutional economics, and Asian Studies.

Author : Food and Agriculture Organization of the United Nations
Publisher : Food & Agriculture Org.
Page : 260 pages
File Size : 42,7 Mb
Release : 1987
Category : Business & Economics
ISBN : 9251025703

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Small-scale Forest-based Processing Enterprises by Food and Agriculture Organization of the United Nations Pdf

Author : Arsenio Molina Balisacan,Nobuhiko Fuwa
Publisher : Institute of Southeast Asian Studies
Page : 436 pages
File Size : 55,8 Mb
Release : 2007
Category : Technology & Engineering
ISBN : 9789812304124

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Reasserting the Rural Development Agenda by Arsenio Molina Balisacan,Nobuhiko Fuwa Pdf

Presents a reinvigorated agenda on agricultural and rural development in Asia both for research and policy discussions in the coming decades.

Author : DINA L. UMALI,Charles Maguire
Publisher : World Bank Publications
Page : 468 pages
File Size : 46,8 Mb
Release : 1995
Category : Business & Economics
ISBN : 0821333542

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Agriculture in Liberalizing Economies by DINA L. UMALI,Charles Maguire Pdf

Discusses ways in which the role of the state in promoting agricultural growth and development may be redefined. This report presents the proceedings of the 14th World Bank Agricultural Symposium held in January 1994. The papers explore ways in which the role of the state in promoting agricultural growth and development may be redefined. They also capitalize on important lessons emerging from experiences around the world. The report suggests that changing the role of government from market domination towards the provision of a regulatory framework that facilitates private sector activity is an ongoing process rather than a one-time occurrence. The papers also illustrate the wide variety of issues and the different approaches in the various countries that are redefining the role of government in agricultural development.