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World and Its Peoples

Sub-Saharan Africa, Australasia, and the Pacific

An eleven-volume set that offers an introduction to the history, geography, climate, landmarks, people, culture, religion, government, economy, and development of various countries in the Sub-Saharan Africa, Australasia, and the Pacific, ...

Rural Informal Credit Markets and the Effectiveness of Policy Reform

... need incentives in order to service risky customers. Concerning performance of
rural credit markets, the assumptions are that they do not operate like classical
competitive markets and that cheap credit will offset production disincentives
caused by, among others, low product prices or high input prices, or overvalued
exchange rates. On Rural informal credit markets and the effectiveness of policy
reforms 21 Chapter MICROECONOMIC ASPECTS OF RURAL CREDIT
MARKETS.