This paper examines the implications of the institutional designs employed by two types of NGOs for the functions performed by indigenous self-help village groups called kafos in The Gambia. NGOs were found to be only a partial substitute for the financial and insurance functions traditionally...

Research on structural adjustment, liberalization and privatization in sub-Saharan Africa has not focused on the consequences of these policy initiatives on the financial sector. This paper documents and discusses the consequences of these reforms on the financial sector in The Gambia. Marked...

The paper explains the market segmentation that occurs in the Philippine informal credit markets through the matching of borrows and lenders by their occupational specialization which internalizes transaction costs and facilitates economic activity. The regression results support a predictable...

This paper compares the results of public and private land redistribution in the province of KwaZulu-Natal, South Africa. It identifies problems that constrain access to the land market, and describes recent efforts to address the liquidity problem associated with mortgage finance. The Land...

This paper docwnents the radical restructuring of the supply of agricultural credit in Portugal in the 1980s. In the previoos decade, commercial banks and Ministry of Agriculture programmes dominated the supply of agrirultural finance. By 1986, however, the national network of agricultural...

This paper explains market segmentation that occurs in the Philippine informal credit markets through the matching of borrowers and lenders by their occupational specializations to internalize transaction costs and facilitate economic activity. The regression results support a predictable...