What determines the development of rural financial markets? Starting from a simple theoretical framework, we derive the factors shaping the market entry of rural microfinance institutions across time and space. We provide empirical evidence for these determinants using the expansion of credit...

What determines the development of rural financial markets? Starting from a simple theoretical framework, we derive the factors shaping the market entry of rural microfinance institutions across time and space. We provide empirical evidence for these determinants using the expansion of credit...

Die ländlichen Regionen Chinas sind im Vergleich zu den städtischen Regionen deutlich weniger entwickelt. Das ländliche Finanzsystem hat in den zurückliegenden Dekaden seine Funktionen nur unzureichend erfüllt. Um die Entwicklung der ländlichen Regionen zu fördern, wurden 1994 seitens der...

Abstract: This paper evaluates the impact of the Thailand Village and Urban Revolving Fund on household expenditure, income, and assets. The revolving fund was launched in 2001 when the Government of Thailand promised to provide a million baht (about