Promoting Efficient Rural Financial Intermediation

  • Jacob Yaron, McDonald Benjamin, Stephanie Charitonenko
  • Published 1998


Although governments have traditionally used subsidized credit programs to promote agricultural growth, this approach has generally failed to improve incomes and alleviate poverty in rural areas. It has also led to the mistaken belief that rural credit programs cannot be profitable. A new approach seeks to raise standards of living in rural areas by casting… (More)

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