Financial markets, credit constraints, and investment in rural Romania
著者
書誌事項
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
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注記
Bibliography: p. [94]-98
"Work in progress for public discussion"--Cover
内容説明・目次
内容説明
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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