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Woodford (2003) describes a popular class of neo-Wicksellian models in which monetary policy is characterized by an interest-rate rule, and the money market and financial institutions are typically not even modeled. Critics contend that these models are incomplete and unsuitable for...
Persistent link: https://www.econbiz.de/10011506662
Centenary RDB is a commercial bank that provides deposit, credit and money transfer services indiscriminately to men … commercial bank in 1993. With support from various donors including the German Savings Banks Foundation, the bank evolved into … the most successful financial intermediary in Uganda. This has made the bank the African flagship of rural and …
Persistent link: https://www.econbiz.de/10010297104
This Conference brings together the financial experience of rural and agricultural microfinance institutions and the experience of the Common Fund and other agencies with promoting commodities and small and micro-entrepreneurs producing, processing and marketing commodities. We expect that this...
Persistent link: https://www.econbiz.de/10010297105
By the mid-1970s, in virtually all of Africa, strategies of modernization and technology transfer had clearly failed to initiate self-sustained processes of development. Government intervention and centralized planning had spurred economic disaster, rather than growth. In the world of finance,...
Persistent link: https://www.econbiz.de/10010297173
We in the community of microfinance specialists want to help alleviate poverty. We think microfinance is a useful tool. Yet, by bringing these two concerns together, we might be mixing up two diverging ends: one is poverty reduction; the other one the development of a healthy microfinance...
Persistent link: https://www.econbiz.de/10010297174
Rajwa is a 50 years old widow in the area of Karak, with five children. Her husband died 10 years ago. In January 2000, she received a collateral-free loan of JD 2,100 (US$ 3,000) from the ACC/IFAD Income Diversification Project, repayable over 8 years. She bought 20 sheep, which have increased...
Persistent link: https://www.econbiz.de/10010297194
Policymakers in Syria are seriously concerned (a) about social equality and equal opportunities for women and men; and (b) about the effectiveness of financial institutions in providing adequate services to men, women and youth to fight poverty and reduce unemployment. Considerable social...
Persistent link: https://www.econbiz.de/10010297195
; but this has added borrower transaction costs and restricted growth. In Centenary Rural Development Bank and some MFIs …
Persistent link: https://www.econbiz.de/10010297196
borrowing costs. Furthermore, the analysis reveals that the choice of the type of bank has a significant effect on borrowing … governmentally controlled Bank for Food Economy) offer between 1.1 and 1.3 percentage point higher effective interest rates as … Bank einen signifikanten Effekt auf die Höhe der Kreditkosten hat. Bei sonst gleichen Vertragseigenschaften bieten die …
Persistent link: https://www.econbiz.de/10010299404
On the basis of portfolio selection theory, this paper finds that whole-farm risk must be regarded as a major reason for the low level of credit flow to agriculture in North-western Kazakhstan. A quadratic programming model was used in order (a) to demonstrate the comparatively high overall risk...
Persistent link: https://www.econbiz.de/10010299418