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Rural Financial Markets in Developing Countries

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Author Info

  • Jonathan Conning

    ()
    (Hunter College, City University of New York)

  • Christopher Udry

    ()
    (Economic Growth Center, Yale University)

Abstract

This review examines portions of the vast literature on rural financial markets and household behavior in the face of risk and uncertainty. We place particular emphasis on studying the important role of financial intermediaries, competition and regulation in shaping the changing structure and organization of rural markets, rather than on household strategies and bilateral contracting. Our goal is to provide a framework within which the evolution of financial intermediation in rural economies can be understood.

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File URL: http://www.econ.yale.edu/growth_pdf/cdp914.pdf
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Bibliographic Info

Paper provided by Economic Growth Center, Yale University in its series Working Papers with number 914.

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Length: 86 pages
Date of creation: Jun 2005
Date of revision:
Handle: RePEc:egc:wpaper:914

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Keywords: Rural Finance; Financial Intermediation; Agricultural Credit;

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