Development of Rural Financial Markets in Asia

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CFAES_ESO_2552.pdf (1.55 MB)

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1999-09

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Ohio State University. Department of Agricultural, Environmental, and Development Economics

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This paper summarizes some of the key findings of a review conducted of the rural financial markets in Asia. Policy makers in the region have actually intervened in these markets in the past two decades, first to support the Green Revolution and, more recently, to reduce poverty. Massive amounts of subsidy funds have been created to lend to targeted clients. The authors argue that the result of these many changes and interventions is a fragile financial system in many Asia countries characterized by limited outreach and sustainability.

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http://hdl.handle.net/1811/66781

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ESO: Economics and Sociology Occasional Papers (AEDE)