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Financial Markets for Small Enterprises in Urban and Rural Northern Thailand
Af: Wolfram Erhardt Engelsk Paperback
SPAR
kr 207
Financial Markets for Small Enterprises in Urban and Rural Northern Thailand
Af: Wolfram Erhardt Engelsk Paperback
This study examines the demand for and supply of financial services for small entrepreneurs in Northern Thailand. Particular emphasis is placed on credit technologies deployed by formal and informal institutions and on determinants of credit access and borrower transaction costs. The study complements and expands on existing research into micro-finance by adding a specific regional dimension. A remarkable situation of «urban bias in reverse» has been detected as far as access to formal finance is concerned. Conventional access variables (such as education and the level of household income and assets) do not explain rural households’ access to institutional credit sources, while these factors turned out to be powerful determinants in explaning urban households’ access to formal finance. This can be explained by the efforts on the part of the Thai government to improve access to credit for small rural enterprises. The author concludes that the neglect of rural finance and the lack of innovative financial approaches is, to a significant extent, also the result of political priority-setting and decision-making; it cannot be attributed to unattractive investment possibilities alone.
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This study examines the demand for and supply of financial services for small entrepreneurs in Northern Thailand. Particular emphasis is placed on credit technologies deployed by formal and informal institutions and on determinants of credit access and borrower transaction costs. The study complements and expands on existing research into micro-finance by adding a specific regional dimension. A remarkable situation of «urban bias in reverse» has been detected as far as access to formal finance is concerned. Conventional access variables (such as education and the level of household income and assets) do not explain rural households’ access to institutional credit sources, while these factors turned out to be powerful determinants in explaning urban households’ access to formal finance. This can be explained by the efforts on the part of the Thai government to improve access to credit for small rural enterprises. The author concludes that the neglect of rural finance and the lack of innovative financial approaches is, to a significant extent, also the result of political priority-setting and decision-making; it cannot be attributed to unattractive investment possibilities alone.
Produktdetaljer
Sprog: Engelsk
Sider: 240
ISBN-13: 9783631380673
Indbinding: Paperback
Udgave:
ISBN-10: 3631380674
Kategori: Monetær økonomi
Udg. Dato: 16 maj 2002
Længde: 18mm
Bredde: 150mm
Højde: 209mm
Oplagsdato: 16 maj 2002
Forfatter(e): Wolfram Erhardt
Forfatter(e) Wolfram Erhardt


Kategori Monetær økonomi


Sprog Engelsk


Indbinding Paperback


Sider 240


Udgave


Længde 18mm


Bredde 150mm


Højde 209mm

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