This paper examines the activities of Mongolian financial intermediation and the factors influencing the progress of Mongolian microfinance. These were evaluated using data from household surveys in selected areas, financial statements of Khan Bank and XacBank, and information obtained from...

This paper investigates the determinants of total household income in selected rice-based farming villages in the Philippines. A quantile regression approach was applied on cross-section data obtained from 656 farming households across four provinces. Determinants of household income were...

Risk is an integral part of financial intermediation. Hence, risk management must be at the heart of finance. However, it is disturbing to note that systematic risk management is still not as widespread as it should be in the microfinance industry. Except for a few flagship microfinance...

This paper presents a general picture of the difficulties in developing a sustainable lending service geared toward smallholder agriculture. Drawing on the experiences of the Philippines and other countries, it traces the rethinking of the agricultural credit policy following the collapse of...

This paper conducts an empirical investigation of the rural credit market in Myanmar to help guide policy formulation on the microfinance operations in the country. Specifically, it looks into the determinants of credit demand and of rationing loans at the household level, and identifies the...

Microfinance has become an important tool for poverty reduction in many parts of the world, including Asia and the Pacific region. Microfinance institutions (MFIs) target the poor through innovative approaches which include group lending, progressive lending, regular repayment schedules, and...

This study explores the interdependencies of aquaculture markets in the Philippines by establishing the price cointegration between the wholesale and retail prices of three major species commonly farmed in the country, i.e., milkfish, tilapia, and shrimp. The co-movements of wholesale prices...

As one of Thailand’s economic crops, rice plays an important role in generating national income and creating domestic employment for the country. Its production has been increasing because of the expansion of areas planted to rice and not due to increases in productivity. The national average...

This paper investigates significant forces that affect away-from-home (AFH) meat consumption in China. Multivariate Tobit models were used to analyze a set of survey data from 340 households in Jiangsu, Shandong, Inner Mongolia, Liaoning, and Sichuan Provinces in 2005. AFH meat consumption...

Agricultural development in Indonesia has been changing dynamically since the country’s independence. This paper reviews the rice sector as part of agricultural development in Indonesia. It is remarkable that the agricultural sector was ignored when the oil boom benefited Indonesian economy....