Access to Capital in Rural Thailand

Released on by Xavier Gine
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  • Access to Capital in Rural Thailand Book Detail

  • Author : Xavier Gine
  • Release Date : 2005
  • Publisher : World Bank Publications
  • Genre : Credit
  • Pages : 41
  • ISBN 13 :
  • File Size : 24,24 MB
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Access to Capital in Rural Thailand by Xavier Gine PDF Summary

Book Description: "The aim of this paper is to understand the mechanism underlying access to credit. Gine focuses on two important aspects of rural credit markets in Thailand. First, moneylenders and other informal lenders coexist with formal lending institutions such as government or commercial banks, and more recently, micro-lending institutions. Second, potential borrowers presumably face sizable transaction costs obtaining external credit. The author develops and estimates a model based on limited enforcement and transaction costs that provides a unified view of those facts. The results show that the limited ability of banks to enforce contracts, more than transaction costs, is crucial in understanding the observed diversity of lenders. This paper--a product of the Finance Team, Development Research Group--is part of a larger effort in the group to understand access to credit"--World Bank web site.

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Access to Capital in Rural Thailand

Access to Capital in Rural Thailand

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"The aim of this paper is to understand the mechanism underlying access to credit. Gine focuses on two important aspects of rural credit markets in Thailand. Fi

Access to Capital in Rural Thailand

Access to Capital in Rural Thailand

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The aim of this paper is to understand the mechanism underlying access to credit. Gine focuses on two important aspects of rural credit markets in Thailand. Fir

Access to Capital in Rural Thailand

Access to Capital in Rural Thailand

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Total View : 5664 Views
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The aim of this paper is to understand the mechanism underlying access to credit. We focus on explaining two important aspects of rural credit markets in Thaila