Informal Labour and Credit Markets

Informal Labour and Credit Markets
Author: Nicoletta Batini
Publisher: International Monetary Fund
Total Pages: 43
Release: 2010-02-01
Genre: Business & Economics
ISBN: 1451962967

This paper reviews the literature on the informal economy, focusing first on empirical findings and then on existing approaches to modeling informality within both partial and general equilibrium environments. We concentrate on labour and credit markets, since these tend to be most affected by informality. The phenomenon is particularly important in emerging and other developing economies, given their high degrees of informal labour and financial services and the implications these have for the effectiveness of macroeconomic policy. We emphasize the need for dynamic general equilibrium (DGE) and ultimately dynamic stochastic general equilibrium (DSGE) models for a full understanding of the costs, benefits and policy implications of informality. The survey shows that the literature on informality is quite patchy, and that there are several unexplored areas left for research.

The Long Shadow of Informality

The Long Shadow of Informality
Author: Franziska Ohnsorge
Publisher: World Bank Publications
Total Pages: 397
Release: 2022-02-09
Genre: Business & Economics
ISBN: 1464817545

A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.

The Economics of Rural Organization

The Economics of Rural Organization
Author: Karla Hoff
Publisher: Oxford University Press, USA
Total Pages: 616
Release: 1993
Genre: Business & Economics
ISBN:

A key to understanding why some rural development policies succeed and some fail is found in this book. The editors contend that established economic models are inadequate to interpret the behavior of rural markets and nonmarket institutions. This book investigates economic institutions and contractual arrangements in credit, labor, and land markets and analyzes their implications for the behavior of the rural sector. Drawing on 15 short case studies, five overview and nine theoretical chapters explore some of the most pressing problems facing developing countries: how to promote financial integration of the rural sector, how to rationalize the use of land and water, and how to design and administer tax and transfer policies. The book contributes to theory, empirical methodology, and the solution of concrete policy questions.

Microfinance In Asia

Microfinance In Asia
Author: Christopher E C Gan
Publisher: World Scientific
Total Pages: 390
Release: 2017-03-27
Genre: Business & Economics
ISBN: 9813147962

Lack of credit access is severe in low income and poor families that are normally considered to have fewer opportunities to borrow from banks due to insufficient valuable assets for collateral. These low-income households face limited opportunity to acquire new technology and working capital for agricultural production and thus tend to fall behind. As a result, providing access to finance to low-income rural households has been considered an important component of any rural development strategy. Microfinance programmes, in particular, have been gradually embedded in national strategies of many developing countries as they are poverty-focused. They aim to facilitate the access to financial services such as credit for the poor who are usually disadvantaged in terms of access to conventional financial services from formal financial institutions. The objective of this book is to provide an overview of microfinance programmes in Asia focusing in particular on the determinants of the accessibility of rural households to microcredit. The book studies seven Asian countries such as China, Malaysia, Vietnam, Thailand, the Philippines, Indonesia, and Bangladesh with two specific case studies.

Agricultural Finance and Credit Infrastructure in Transition Economies Focus on South Eastern Europe - Proceedings of OECD Expert Meeting, Portoroz, Slovenia, May 2001

Agricultural Finance and Credit Infrastructure in Transition Economies Focus on South Eastern Europe - Proceedings of OECD Expert Meeting, Portoroz, Slovenia, May 2001
Author: OECD
Publisher: OECD Publishing
Total Pages: 332
Release: 2001-09-24
Genre:
ISBN: 9264195645

- What has been achieved in rural finance and institutional reform during more than a decade of transition and what challenges remain? - What are the special needs of South Eastern European countries to attract agricultural credit and finance to ...

The State of Food and Agriculture 2001

The State of Food and Agriculture 2001
Author: Food and Agriculture Organization of the United Nations
Publisher: Food & Agriculture Org.
Total Pages: 328
Release: 2002-07-30
Genre: Business & Economics
ISBN: 9789251046005

This year's special section (Part 3) entitled 'Economic impacts of transboundary plant pests and animal diseases'.

The State of Food and Agriculture 1998

The State of Food and Agriculture 1998
Author: Food and Agriculture Organization of the United Nations
Publisher: Food & Agriculture Org.
Total Pages: 404
Release: 1998
Genre: Architecture
ISBN: 9789251042007

This annual report provides basic information on the global agricultural situation. A review of developments in food security opens this year's report, with new estimates on the proportion & number of undernourished people in the developing world. Also included is an analysis of the Asian financial crisis & its likely effects on agricultural production, trade, & food security. Special features include: an examination of the potential of rice fish farming; a chapter on rural non-farm income & employment; & a diskette housing time series data for nearly 150 countries, country groups, & regions in English, French, & Spanish. Recommended in: ALA's Guide to Reference Books.