The financing of agricultural producers is one of the most acute problems along the entire scope of economic reforms in Kazakhstan. The issue is: What kind of financial sources could maintain the development of agricultural production? Internal sources such as profit, depreciation capital, and...

This paper examines the role of collateral in the rural credit market of an emerging country. Due to opaque information and weak enforcement, the need for collateral is expected to be high. However, rural households usually lack adequate assets to pledge as collateral. How is this puzzle solved?...

We empirically analyze the competition between a relationship lender and a transaction lender in the credit business with micro and small entrepreneurs. Drawing on a data set about the customers of the relationship lender ProCredit Ecuador combined with data about all other loans of these...

At present, in Romania there is no clear definition of the concept of family farm, and at the level of the European Union, the definition of family farms differs significantly depending on the characteristics of each country. At the same time, there is no classification of these types of farms,...

In Romania we are at the conclusion of the second agricultural financing program since the country's adherence to the European Union and in the transition period towards the next financial exercise. The experience and effects of the first program, that took place between 2007 and 2013, led to a...

Encouraging the development of tourism activities represents an occupational alternative for the rural labour force. It is a significant way to diversify the economic activities in the countryside. Finally, it is a stabilizing factor for the rural population. The objective of this paper is to...