Informal markets

Manohar Sharma () and Manfred Zeller

No 8, MP05 briefs from International Food Policy Research Institute (IFPRI)

Abstract: In most developing countries, it is the private, informal markets that the rural poor have traditionally turned to service their financial needs. Why have these institutions succeeded in providing services to the poor when formal institutions have not? Do these informal institutions provide any lessons that bigger formal institutions could use? What are their basic limitations? Answers to such questions indicate important direc-tions for public policy.

Keywords: Rural poor Developing countries.; Financial institutions.; Microenterprises Finance.; Informal sector (Economics) Developing countries.; FCND (search for similar items in EconPapers)
Date: 2000
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Citations: View citations in EconPapers (3)

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