Informal Finance In Low-income Countries

Informal Finance In Low-income Countries
Author :
Publisher : Routledge
Total Pages : 329
Release :
ISBN-10 : 9780429710582
ISBN-13 : 0429710585
Rating : 4/5 (82 Downloads)

Book Synopsis Informal Finance In Low-income Countries by : Dale W Adams

Download or read book Informal Finance In Low-income Countries written by Dale W Adams and published by Routledge. This book was released on 2019-03-04 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Invisible to official statistics and operating outside the reach of governmental regulation, informal finance markets often prove more efficient and more fair than their formal counterparts. The authors of these studies emphasize the diversity and richness of informal credit markets.


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Abstract: China is often mentioned as a counterexample to the findings in the finance and growth literature since, despite the weaknesses in its banking system,