Financial markets, credit constraints, and investment in rural Romania
Author(s)
Bibliographic Information
Financial markets, credit constraints, and investment in rural Romania
（World Bank technical paper, no. 499 . Europe and Central Asia environmentally and socially sustainable development series）
World Bank, c2001
Available at 14 libraries
Note
Bibliography: p. [94]-98
"Work in progress for public discussion"--Cover
Description and Table of Contents
Description
This study evaluates the performance of financial markets in rural areas of Romania based on the 1998 rural household, rural enterprise, and financial intermediary surveys, along with other official statistical data for 1997. It presents empirical evidence indicating that constrained access to credit markets negatively influences the investment behavior of households and enterprises. The report recommends a detailed government strategy to correct the observed shortcomings of rural financial markets and identifies new challenges that are likely to appear.
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