Financial Intermediation in Rural Development

Language: English

Published by LAP LAMBERT Academic Publishing Dez 2018, 2018

6139932165 / 9786139932160

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Seller: buchversandmimpf2000, Emtmannsberg, BAYE, Germanybuchversandmimpf2000

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Softcover

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This item is printed on demand - Print on Demand Titel. Neuware -Sierra Leone has, over the decades, tried to provide finance to rural residents through various credit programmes. From the first Agricultural Loans Schemes to the current Community banks, the underlying policy has been the provision of cheap credit as a means of 'bribing' rural residents, especially farmers, to adopt new technologies-seeds, fertilizers etc. But the effect has been, at best, a mixed outcome of miniscule success and huge failure. What this book has revealed is that the informal financial market is operating and performing vital intermediation roles. Formal financial institutions need to recognize and emulate these if they are to succeed in the rural development drive. The book suggests that rural financial intermediation goes beyond the provision of cheap credit. It requires, inter alia, an enabling economic environment (i.e. well integrated mix of economic policies), good roads, emulating the informal financial sector's modus operandi, education for credit users, market centres and well trained rural banking personnel. The book has also demonstrates that the mistakes of past credit policies are still being replicated. A new thinking is now of the essence.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 276 pp. Englisch.…

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Bibliographic details

Title
Financial Intermediation in Rural Development
Author
Bob Karankay Conteh
Publisher
LAP LAMBERT Academic Publishing Dez 2018
Publication year
2018
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
6139932165
ISBN 13
9786139932160
Item weight
429 grams
Dimensions
220x150x17 mm

buchversandmimpf2000

Emtmannsberg, BAYE, Germany

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