nach oben

Erschienen in:

2013 | OriginalPaper | Buchkapitel

17. Sustainable Poverty Reduction: Credit for the Poor

verfasst von : Asis Kumar Banerjee

Erschienen in: Development and Sustainability

Verlag: Springer India

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

This chapter is a review of the research done over the past two decades or so on the role of credit supply in sustainable poverty reduction. Naturally, it is credit to the poor that will be the focus of our attention. We shall review both theoretical and empirical research. We shall also suggest possible lines of further research (which do not find mention in other reviews) and make a few policy recommendations (which, again, do not seem to appear in the existing literature) with reference to the Indian economy.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Vorheriges Kapitel On Assessment of Women Empowerment at Individual Level: An Analytical Exposition

Nächstes Kapitel Employment Guarantee and Natural Vulnerability: A Study of MGNREGA in Indian Sundarbans

Ahlin C (2009) Matching for credit: risk and diversification in Thai micro-borrowing groups, Bureau of research and economic analysis of development working paper 251

Ahlin C, Jiang N (2008) Can micro-credit bring development? J Dev Econ 86:1–21CrossRef

Aniket K (2009) Queuing for credit: increasing the reach of microfinance through sequential group lending, Working paper available on the website www.aniket.co.in

Banerjee AV, Duflo E, Glennerster R, Kinnan C (2010) The miracle of microfinance? Evidence from a randomised evaluation. Centre for Micro-Finance, IFMR, Chennai

Bardhan P (1984) Land, labour and rural poverty: essays in development economics. Columbia University Press, New York

Bateman M (2010) Why doesn’t microfinance work?. Zed Books, London

Besley T, Coate S (1995) Group lending, repayment incentives and social collateral. J Dev Econ 46:1–18CrossRef

Besley T, Coate S, Loury G (1993) The economics of rotating savings and credit associations. Am Econ Rev 83:792–810

Bhattacharya S, Banerjee S, Mukherjee S (2008) Group lending and self-help groups: Joint benefit as an alternative governance mechanism. J Int Trade Econ Dev 17:1–19CrossRef

Bowen MK, Morara M, Mureithi S (2009) Management of business challenges among small and micro-enterprises in Nairobi, Kenya. KCA J Bus Manage 2:16–31

Cassar A, Crowley L, Wydick B (2007) The effect of social capital on group loan repayments: evidence from field experiments. Econ J 117:F85–F116CrossRef

Coleman B (1999) The impact of group lending in Northeast Thailand. J Dev Econ 60:105–142CrossRef

Collins D, Morduch J, Rutherford S, Ruthven O (2009) Portfolios of the poor: how the world’s poor live on $2 a day. Princeton University Press, Princeton

de Aghion BA, Morduch J (2005) The economics of microfinance. MIT Press, Cambridge

De Soto H (2000) The mystery of capital: why capitalism triumphs in the west and fails everywhere else. Basic Books, New York

Feigenberg B, Field EM, Pande R (2010) Building social capital through microfinance. NBER working paper no. W16018

Field EM, Pande R (2008) Repayment frequency and default in microfinance: evidence from India. J Eur Econ Assoc 6:501–509CrossRef

Fischer G, Ghatak M (2009) Repayment frequency and lending contracts with present-biased borrowers, London school of economics working paper no. EOPP/2010/21

Fischer G, Ghatak M (2011) Spanning the chasm: uniting theory and empirics in microfinance research. In: Armendariz B, Labie M (eds) The handbook of microfinance. World Scientific Publishing, London

Ghatak M (1999) Group lending, local information and peer selection. J Dev Econ 60:27–50CrossRef

Ghatak M (2000) Screening by the company you keep: joint liability lending and the peer selection effect. Econ J 110:601–631CrossRef

Ghatak M, Guinnane T (1999) The economics of lending with joint liability: theory and practice. J Dev Econ 60:195–228CrossRef

Gine X, Jakiela P, Karlan D, Morduch J (2010) Microfinance games. Am Econ J Appl Econ 2:60–95CrossRef

Gine X, Karlan D (2009) Group versus individual liability: long-term evidence from Philippine microcredit lending groups. Yale Economics Department working paper 61

Institute Goldin (2007) Improving microcredit programs: listening to recipients—a summary of the pilot phase. Goldin Insitute, Chicago

Jain S, Mansuri G (2003) A little at a time: the use of regularly scheduled repayments in microfinance programs. J Dev Econ 72:253–279CrossRef

Karnarni A (2007) Microfinance misses its mark. Stanford Social Innovation Review, Summer

Khandker S (1998) Fighting poverty with microcredit: experience in Bangladesh. Oxford University Press, New York

Khandker S (2005) Microfinance and poverty: evidence using panel data from Bangladesh. World Bank Econ Rev 19:263–286CrossRef

Klonner S (2003) Rotating savings and credit associations when participants are risk averse. Int Econ Rev 44:979–1005CrossRef

Klonner S (2008) Private information and altruism in bidding ROSCAs. Econ J 118:775–800CrossRef

Laffont J-J (2003) Collusion and group lending with adverse selection. J Dev Econ 70:329–348CrossRef

McIntosh C (2008) Estimating treatment effects from spatial policy experiments: an application to Ugandan microfinance. Rev Econ Stat 90:15–28CrossRef

McIntosh C, Wydick B (2005) Competition and microfinance. J Dev Econ 78:271–298CrossRef

Morduch J (1998) Does microcredit really help the poor? New evidence from flagship programs in Bangladesh. Harvard University, mimeo

Pitt M, Khandker S (1998) The impact of group-based credit programs on poor households in Bangladesh: does the gender of participants matter? J Polit Econ 106:958–996CrossRef

Planning Commission (2009) A hundred small steps: report of the committee on financial sector reforms. Sage, New Delhi

Rahman A (1999) Women and microcredit in rural Bangladesh: an anthropological study of Grameen Bank lending. Westview Press, Boulder

Rai AS, Sjostrom T (2004) Is Grameen lending efficient? Repayment incentives and insurance in village economies. Rev Econ Stud 71:217–234CrossRef

Rashid M, Townsend R (1994) Targeting credit and insurance: efficiency, mechanism design and program evaluation. World Bank discussion paper no. 47

Reserve Bank of India (2011) Report of the sub-committee of the Central Board of Directors of Reserve Bank of India to study issues and concerns in the MFI Sector

Roy Chowdhury P (2005) Group lending: sequential financing, lender monitoring and joint liability. J Dev Econ 78:415–439CrossRef

Roy Chowdhury P, Roy J (2009) Public–private partnerships in micro-finance: should NGO involvement be restricted? J Dev Econ 90:200–208CrossRef

Sadoulet L (1999) Equilibrium risk-matching in group lending. ECARES/ Universite Libre de Bruxelles, mimeo.

Stiglitz JE (1990) Peer monitoring and credit markets. World Bank Econ Rev 4:351–366CrossRef

Stiglitz JE, Weiss A (1981) Credit rationing in markets with imperfect information. Am Econ Rev 71:393–410

Wydick B (1999) Can social cohesion be harnessed to mitigate market failures? Evidence from group lending in Guatemala. Econ J 109:463–475CrossRef

Wydick B (2008) Games in economic development. Cambridge University Press, New York

Titel: Sustainable Poverty Reduction: Credit for the Poor
verfasst von: Asis Kumar Banerjee
Verlag: Springer India
Buch: Development and Sustainability
Print ISBN: 978-81-322-1123-5

Electronic ISBN: 978-81-322-1124-2

Copyright-Jahr: 2013
DOI: https://doi.org/10.1007/978-81-322-1124-2_17