The New Development Finance
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Date
1997-10
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Publisher
Ohio State University. Department of Agricultural, Environmental, and Development Economics
Abstract
This short paper looks at general questions about the role of finance in economic development and about the role of the state in financial development from the perspective of the New Development Finance. It addresses the contributions of new theoretical developments and of best practice in microfinance to the expansion of the frontier in the provision of financial services to poor people. A research agenda for the future is proposed.