Download or read book The Nature and Role of Informal Finance in Developing Countries written by and published by . This book was released on 1983 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Informal Finance In Low income Countries written by Dale W Adams and published by Routledge. This book was released on 2019-03-04 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Invisible to official statistics and operating outside the reach of governmental regulation, informal finance markets often prove more efficient and more fair than their formal counterparts. The authors of these studies emphasize the diversity and richness of informal credit markets.
Download or read book The Informal Financial Sector in Developing Countries written by Anand G. Chandavarkar and published by . This book was released on 1987 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Finance and Development written by Christopher J. Green and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this new book a group of 18 distinguished authors presents comprehensive surveys of current issues in the field of finance and development. . . This book nicely bridges the gap between general research on the role of finance for economic growth and the role finance plays for developing economies and poverty reduction. . . Moreover, the authors identify a great number of promising ideas for future research. . . Ryszard Kokoszczynski, SUERF Newsletter The European Money & Finance Forum In the last two decades, the role of finance in the development process has become a major topic of research and debate. Although it is widely agreed that there is an important link between the two, there is much less consensus on the exact nature of the relationship. Is financial development a prerequisite for general economic development, or is it a more passive by-product of the development process? In this valuable new book, a distinguished group of authors takes stock of the existing state of knowledge in the field of finance and the development process. Each chapter offers a comprehensive survey and synthesis of current issues. These include such critical subjects as savings, financial markets and the macroeconomy, stock market development, financial regulation, foreign investment and aid, financing livelihoods, microfinance, rural financial markets, small and medium enterprises, corporate finance and banking. This book will be accessible to postgraduate and advanced undergraduate students of finance and development. It will also be an essential reference source for all professionals and academics working in this area who want to learn how finance can contribute to the development process and poverty reduction.
Download or read book Linking the Formal and Informal Economy written by Basudeb Guha-Khasnobis and published by OUP Oxford. This book was released on 2006-09-21 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concepts of formal and informal remain central to the theory and practice of development more than half a century after they were introduced into the debate. They help structure the way that statistical services collect data on the economies of developing countries, the development of theoretical and empirical analysis, and, most important, the formulation and implementation of policy. This volume brings together a significant new collection of studies on formality and informality in developing countries. The volume is multidisciplinary in nature, with contributions from anthropologists, economists, sociologists, and political scientists. It contains contributions from among the very best analysts in development studies. Between them the chapters argue for moving beyond the formal-informal dichotomy. Useful as it has proven to be, a more nuanced approach is needed in light of conceptual and empirical advances, and in light of the policy failures brought about by a characterization of the 'informal' as 'disorganized'. The wealth of empirical information in these studies, and in the literature more widely, can be used to develop guiding principles for intervention that are based on ground level reality.
Download or read book The Role of Informal Groups in Financial Markets written by Susan Johnson and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: While the scale of informal finance in many developing countries has long been known to be extensive, data at the national level and particularly in Africa has been scarce. Moreover, financial sector development policy has firmly shifted its attention away from informal finance and towards working with the formal sector to provide inclusive financial services. However, some donors and policy makers are concerned that this approach is inadequate and will leave the poorest people unserved with even basic financial services, and are as a result experimenting with savings-led group-based approaches. This paper uses data from the 2006 Financial Access Survey carried out in Kenya to examine the scale, scope and nature of informal groups in order to assess the context for this alternative strategy. This survey provides the first significant nationally representative dataset to exist offering a much more detailed analysis of informal group operation than has so far been possible. First, we demonstrate the extent of use and estimated scale of savings currently flowing through these systems. Second, we examine the profile of use via socio-economic characteristics through the use of logistic regression analysis. We then turn to the reasons users give for engaging in groups, the way they are organised and the experiences reported by users having engaged with them. We conclude by drawing out the policy implications of this analysis for the new focus on savings-led group-based approaches and for policy towards the development of the informal financial sector.
Download or read book Development Finance As Institution Building written by Jan Pieter Krahnen and published by Routledge. This book was released on 2023-12-31 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this comparative study of programmes against poverty in developing countries, the authors argue that building sustainable, target group-oriented financial institutions is important and feasible, and that it is likely to have greater development impact than the channelling of external funds to poor target groups (small and micro-scale business, small farmers, and women). The analysis has far-reaching implications for development policy and will interest development specialists, policymakers, and scholars of development finance and international banking.
Download or read book Finance Development March 2012 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 2012-03-14 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Young people, hardest hit by the global economic downturn, are speaking out and demanding change. F&D looks at the need to urgently address the challenges facing youth and create opportunities for them. Harvard professor David Bloom lays out the scope of the problem and emphasizes the importance of listening to young people in "Youth in the Balance." "Making the Grade" looks at how to teach today's young people what they need to get jobs. IMF Deputy Managing Director, Nemat Shafik shares her take on the social and economic consequences of youth unemployment in our "Straight Talk" column. "Scarred Generation" looks at the effects the global economic crisis had on young workers in advanced economies, and we hear directly from young people across the globe in "Voices of Youth." Renminbi's rise, financial system regulation, and boosting GDP by empowering women. Also in the magazine, we examine the rise of the Chinese currency, look at the role of the credit rating agencies, discuss how to boost the empowerment of women, and present our primer on macroprudential regulation, seen as increasingly important to financial stability. People in economics - C. Fred Bergsten, American Globalist. Back to basics - The multi-dimensional role of banks in our financial systems.
Download or read book Informal Finance in Low Income Countries written by Dale W Adams and published by Routledge. This book was released on 2020-09-30 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: Invisible to official statistics and operating outside the reach of governmental regulation, informal finance markets often prove more efficient and more fair than their formal counterparts. The authors of these studies emphasize the diversity and richness of informal credit markets.
Download or read book The Long Shadow of Informality written by Franziska Ohnsorge and published by World Bank Publications. This book was released on 2022-02-09 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.
Download or read book Economic Informality written by Ana Maria Oviedo and published by World Bank Publications. This book was released on 2009-06-01 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This survey assembles recent theoretical and empirical advances in the literature on economic informality and analyzes the causes and costs of informality in developed and developing economies. Using recent evidence, the survey discusses the nature and roots of informal economic activity across countries, distinguishing between informality as the result of exclusion and exit. The survey provides an extensive review of recent international experience with policies aimed at reducing informality, in particular, policies that facilitate the formalization process, create a framework for the transition from informality to formality, lend support to newly created firms, reduce or eliminate inconsistencies across regulation and government agencies, increase information flows, and increase enforcement.
Download or read book The Economics of Informal Financial Arrangements written by Irene L. Market and published by . This book was released on 2000 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Systems and Development written by Dimitri A. Germidis and published by OECD Publishing. This book was released on 1991 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Household Welfare and Vietnam s Transition written by David Dollar and published by World Bank Publications. This book was released on 1998-01-01 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vietnam's rapid growth has transformed the country, reducing poverty from about 75 percent of the population to about 50 percent. At the same time, its transition from a planned to a market economy has created new challenges for public policy in a wide range of areas. This volume explores issues such as which macroeconomic and structural reforms led to growth, what effect reform has had on the household economy, and how the transition has affected education, health, fertility, and child nutrition. It provides an analysis of economic and social policies and shows how micro-level data can be used to analyze the likely effect of different government expenditures and activities. It also focuses on the effect different policies have on the poor and challenges stereotypes about poverty-focused expenditures.
Download or read book Informal Financial Markets in Developing Countries written by Peter Montiel and published by Wiley-Blackwell. This book was released on 1993-01-01 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Handbook of Development Economics written by Dani Rodrick and published by Elsevier. This book was released on 2009-11-09 with total page 1066 pages. Available in PDF, EPUB and Kindle. Book excerpt: What guidance does academic research really provide to economic policy development? The critical and analytical surveys in this volume investigate links between policies and outcomes by surveying work from broad macroeconomic policies to interventions in microfinance. Asserting that there are no universal correspondences between policies and outcomes, contributors demonstrate instead that only an intense familiarity with the development context and the universe of applicable economic models can generate successful policies. Getting cause-and-effect right is essential for policy design and implementation. With the goal of drawing researchers and policy makers closer, this volume highlights our increasing understanding of ways to combine economic theorizing with careful, thoughtful empirical work. - Presents an accurate, self-contained survey of the current state of the field - Summarizes the most recent discussions, and elucidates new developments - Although original material is also included, the main aim is the provision of comprehensive and accessible surveys
Download or read book The Informal Economy in Sub Saharan Africa written by Leandro Medina and published by International Monetary Fund. This book was released on 2017-07-10 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: The multiple indicator-multiple cause (MIMIC) method is a well-established tool for measuring informal economic activity. However, it has been criticized because GDP is used both as a cause and indicator variable. To address this issue, this paper applies for the first time the light intensity approach (instead of GDP). It also uses the Predictive Mean Matching (PMM) method to estimate the size of the informal economy for Sub-Saharan African countries over 24 years. Results suggest that informal economy in Sub-Saharan Africa remains among the largest in the world, although this share has been very gradually declining. It also finds significant heterogeneity, with informality ranging from a low of 20 to 25 percent in Mauritius, South Africa and Namibia to a high of 50 to 65 percent in Benin, Tanzania and Nigeria.
