The Theory of Development Finance: How Microcredit Programmes Alleviate Credit and Labour Market Segmentation (Development and Finance 11) - Softcover

Tschach, Ingo

Softcover

ISBN 10: 0820454931 ISBN 13: 9780820454931

Publisher: Peter Lang Publishing, 2002

Synopsis

The book explores the problem of credit market segmentation, a widesprea phenomenon in developming countries, within a theoretical frameowrk based on graphical analysis. It invetigates the causes and effects of this problem, and he impact of possible solutions. Credit market segmentation is an outgrowth of information-related problems and high transactioncosts in lending. It leads to segmentation in labour markets and also results in inefficient factor allocation and highly skewed income distribution patterns. A theoretical impact anaysis shows that microcredit programmes can eliminate the causes and effects of credit market segmentatinand the their impact is much broader than is usually assumed. thid book shudl be requied reading for everyone who is interested in microcredit. Contents: The Theoretical derivation of Credit Market Segmentation--The Impacts of Credit Market Segmentation---Approaches Taken by Successful Small Loan Programmes-impact Analysis of Small Loan Programmes: How They Affect Financial Markets, Labour Markets, Factor Allocation, Income Distributtion and growth.

About this title

About the Author

The Author: Ingo Tschach studied economics at the University of Gottingen and at UCLA. He did his graduate work at the University of Frankfurt. While completing his dissertation, he also carried out consulting missions for Internationale Projekt Consult (IPC). In 1999 he was named Assistant Professor at the University of Frankfurt. In addition to his teaching and research work, the author serves as a freelance consultant in the field of development finance. To date, he has executed assignments for IPC (Frankfurt), AHT International (Essen), and Kreditanstalt fur Wiederaufbau (Frankfurt).

Edition details

• Publisher: Peter Lang Publishing
• Publication date: 2002
• Language: English
• ISBN 10: 0820454931
• ISBN 13: 9780820454931
• Binding: Paperback
• Number of pages: 160