88 Pages Posted: 18 Jul 2005
Date Written: June 2005
This review examines portions of the vast literature on rural financial markets and household behavior in the face of risk and uncertainty. We place particular emphasis on studying the important role of financial intermediaries, competition and regulation in shaping the changing structure and organization of rural markets, rather than on household strategies and bilateral contracting. Our goal is to provide a framework within which the evolution of financial intermediation in rural economies can be understood.
Keywords: Rural Finance, Financial Intermediation, Agricultural Credit
JEL Classification: O16, Q14, O17, O12
Suggested Citation: Suggested Citation
Conning, Jonathan H. and Udry, Christopher R., Rural Financial Markets in Developing Countries (June 2005). Yale University Economic Growth Center Discussion Paper No. 914. Available at SSRN: https://ssrn.com/abstract=756965