Konferenzbeitrag
Village Funds in the Rural Credit Market of Thailand
This paper examines the contribution of recently introduced village funds in rural Thailand, one of the largest microfinance programs ever implemented. We use a cross-sectional approach examining village funds in relation to competing financial institutions. We find, first, that village funds reach the target groups of lower income households better than existing institutions from the formal sector. Second, village funds provide loans to those kinds of borrowers which tend to be customers of informal financial institutions. Third, village funds help to reduce credit constraints. Overall, village funds seem to provide services in the intended direction.
- Sprache
-
Englisch
- Erschienen in
-
Series: Proceedings of the German Development Economics Conference, Frankfurt a.M. 2009 ; No. 45
- Klassifikation
-
Wirtschaft
Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
- Thema
-
informal financial institutions
microfinance
credit constraint
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Menkhoff, Lukas
Rungruxsirivorn, Ornsiri
- Ereignis
-
Veröffentlichung
- (wer)
-
Verein für Socialpolitik, Ausschuss für Entwicklungsländer
- (wo)
-
Göttingen
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
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Objekttyp
- Konferenzbeitrag
Beteiligte
- Menkhoff, Lukas
- Rungruxsirivorn, Ornsiri
- Verein für Socialpolitik, Ausschuss für Entwicklungsländer
Entstanden
- 2009
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