Policy advice details

TitleRural Financial Markets in Asia: Policies Paradigms, and Performance
AuthorMeyer, R and Nagarajan, G
Content LanguageEnglish (en)
Document TypeBook
Date Of Publication2000
DescriptionRural financial markets have lagged behind in the progress of the rural economy in Asia. This volume, the third in a series, presents a summary of the conceptual evolution that has occurred in rural financial markets since the 1970s.

The development of rural financial markets in Asia has been a movement from mandates to markets:

  • the failure of directed credit in many developing Asian countries,
  • the development of microfinance contributed to the emergence of a new market-based paradigm.
However, many Asian countries have yet to adopt the new paradigm. The transition countries need to create financial markets involving transformation from a state-planned to a market-based economy.

Based on the experiences of 3 Asian flagship financial institutions, and analysis of other financial institutions, a 3-pronged framework for building financial markets is developed.

The book is broken down into the following chapters:

  1. Introduction
  2. Economic Transformation and Rural Financial Markets in Asia
  3. Development of Rural Financial Markets
  4. Developing Rural Financial Markets in Asia: What has been Learned?
  5. Developing Rural Financial Markets in Asia: What Should be Done?
  6. Introduction to the Case Studies
  7. Rural Financial Market Development in Bangaladesh: Failing Banks, Thriving Microfinance
  8. Rural Financial Market Development in India: Large Institutions, Poor Performance
  9. Rural Financial Market Development in Kyrgyz Republic: Fast-Track Transition
  10. Rural Financial Market Development in the People's Republic of China: A Process of Planned Transition
  11. Rural Financial Market Development in Indonesia: Mixing Markets and Mandates
  12. Rural Financial Market Development in Thailand: Maximising Outreach, Minimising Subsidies
PublisherOxford University Press
Order Onlinehttp://www.adb.org/Documents/Books/Rural_Asia/Rural_Financial_Markets/default.asp
ISBN0-19-592451-7
Series ID2000
Keywords RURAL FINANCE,  FINANCIAL MARKETS,  INSTITUTIONS
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