FAO economic and social development paper N.134: Rural informal credit markets and the effectiveness of policy reform

The study reviews three different strands of literature relevant to the topic. The largely macroeconomic literature on financial libralisation and growth has produced arguments favouring largely unregulated financial markets. This review has been challenged by structuralists who have emphasised the...

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Tác giả chính: Alexander Sarris
Định dạng: Sách
Ngôn ngữ:Undetermined
Được phát hành: Rome FAO 1996
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Thư viện lưu trữ: Trung tâm Học liệu Trường Đại học Cần Thơ
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082 |a 330 
082 |b F218/N134 
100 |a Alexander Sarris 
245 0 |a FAO economic and social development paper N.134: Rural informal credit markets and the effectiveness of policy reform 
245 0 |c Alexander Sarris, FAO 
260 |a Rome 
260 |b FAO 
260 |c 1996 
520 |a The study reviews three different strands of literature relevant to the topic. The largely macroeconomic literature on financial libralisation and growth has produced arguments favouring largely unregulated financial markets. This review has been challenged by structuralists who have emphasised the dually between formal and informal financial markets, and have argued that financial liberation policies are stagflationary. The second strand has a microeconomic focus, emphasises the imperfect information aspects of rural financial markets, and has sought to explain several observed phenomena in rural areas that apparently prevent the proper operation of formal financial intermediaries. This literature has emphasised the fact that rural loan transactions appear to have implications for many other rural markets, suach as the labour and product markets. Finaaly the literature on household consumption smoothing and food security strategies has sought to explain how households respond to considerable market and non-market risks in rural areas. 
650 |a economic development - social aspects 
904 |i Nguyễn Quang Điền, 970530 
980 |a Trung tâm Học liệu Trường Đại học Cần Thơ