Rural financial markets in low-income countries: Recent controversies and lessons
Dale W. Adams,Robert C. Vogel +1 more
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This article identified the major points of controversy between traditional views and these new views and also summarized the primary lessons learned from these controversies, including savings mobilization, more flexible interest rate policies, less loan targeting, and greater emphasis on improving the quality of financial services in rural areas.About:
This article is published in World Development.The article was published on 1986-04-01 and is currently open access. It has received 168 citations till now. The article focuses on the topics: Loan & Financial services.read more
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Group lending, repayment incentives and social collateral
Timothy Besley,Stephen Coate +1 more
TL;DR: In this paper, the authors investigate the impact on repayment rates of lending to groups which are made jointly liable for repayment, and show that successful group members may have an incentive to repay the loans of group members whose projects have yielded insufficient return to make repayment worthwhile.
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The impact of group lending in Northeast Thailand
TL;DR: The authors used data from a quasi-experiment conducted in Northeast Thailand in 1995-1996 and found that program loans are having little impact although naïve estimates of impact that fail to account for self-selection and endogenous program placement significantly overestimate impact.
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Microfinance in Northeast Thailand: Who Benefits and How Much
TL;DR: In this paper, the authors evaluate the impact of two micro-finance programs in Thailand, controlling for endogenous self-selection and program placement, and find that the wealthier villagers are significantly more likely to participate than the poor.
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Access to credit and its impact on welfare in Malawi
Aliou Diagne,Manfred Zeller +1 more
TL;DR: In this paper, access to credit and its impact on welfare in Malawi is discussed. But access to micro-credit may not be an effective way of alleviating poverty if the necessary infrastructure and socioeconomic environment are lacking.
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Determinants of credit rationing: A study of informal lenders and formal credit groups in Madagascar
TL;DR: In this article, the authors present an analysis of credit rationing by informal lenders and by members of community-based groups that allocate formal group loans among themselves, showing that group members are able to obtain and to use locally available information about the applicant's creditworthiness.
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The Elasticity of Foreign Demand for U.S. Agricultural Products: The Importance of the Price Transmission Elasticity
TL;DR: In this paper, the authors consider government policies that insulate domestic producers and consumers from external price fluctuations, and study the effect of these policies on the elasticity of export demand.
A critique of traditional agricultural credit projects and policies.
Dale W. Adams,Douglas H. Graham +1 more
TL;DR: In this article, the authors critique the results, assumptions, and policies commonly associated with agricultural credit projects in low-income countries and present new views on these projects, emphasizing voluntary savings mobilization and positive real rates of interest.
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A critique of traditional agricultural credit projects and policies
Dale W. Adams,Douglas H. Graham +1 more
TL;DR: In this paper, the authors critique the results, assumptions, and policies commonly associated with agricultural credit projects in low-income countries and present new views on these projects, emphasizing voluntary savings mobilization and positive real rates of interest.
Journal ArticleDOI
Rural Financial Market Performance: Implications of Low Delinquency Rates
TL;DR: In contrast to most developing countries, non-repayment of agricultural loans has not been a problem for the Costa Rican banking system Delinquency rates have in fact been lower for agricultural than non-agricultural loans and lowest on loans to small farmers as discussed by the authors.