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Title: INNOVATIVE EXPERIENCES IN ACCESS TO FINANCE IN LATIN AMERICA
MARKET-FRIENDLY ROLES FOR THE VISIBLE HAND?
By: Augusto de la Torre, Sergio Schumukler, Juan Carlos Gozzi
Format: Paperback

List price: £21.95


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ISBN 10: 0821370804
ISBN 13: 9780821370803
Publisher: WORLD BANK PUBLICATIONS
Pub. date: 30 October, 2012
Series: Latin American Development Forum
Pages: 200
Description: Interest in access to finance has increased significantly, as growing evidence suggests that lack of access to credit prevents lower-income households and small firms from financing high return investment projects, having an adverse effect on growth and poverty alleviation. This study describes some experiences to broaden access to credit.
Synopsis: Interest in access to finance has increased significantly in recent years, as growing evidence suggests that lack of access to credit prevents lower-income households and small firms from financing high return investment projects, having an adverse effect on growth and poverty alleviation. This study describes some recent innovative experiences to broaden access to credit. These experiences are consistent with an emerging new view which recognizes a limited role for the public sector in financial markets, but contends that there might be room for well-designed, restricted interventions in collaboration with the private sector to foster financial development and broaden access. The book illustrates this view with several recent experiences in Latin America. Finally, it discusses some open policy questions about the role of the public and private sectors in driving these financial innovations.
Publication: US
Imprint: World Bank Publications
Returns: Non-returnable
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