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Wbi Development Studies: Finance at the Frontier : Debt Capacity and the Role of Credit in the Private Economy by J. D. Von Pischke (1991, Trade Paperback)
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Publisher: World Bank Publications. Publication Date: 7/1/1991. Your source for quality books at reduced prices.
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About this product
Product Identifiers
PublisherWorld Industries Bank Publications
ISBN-100821318187
ISBN-139780821318188
eBay Product ID (ePID)617511
Product Key Features
Number of Pages440 Pages
LanguageEnglish
Publication NameFinance at the Frontier : Debt Capacity and the Role of Credit in the Private Economy
Publication Year1991
SubjectDeveloping & Emerging Countries, Finance / General, Development / Economic Development, Public Policy / Economic Policy
TypeTextbook
AuthorJ. D. Von Pischke
Subject AreaPolitical Science, Social Science, Business & Economics
SeriesWbi Development Studies
FormatTrade Paperback
Dimensions
Item Height0.9 in
Item Weight21.2 Oz
Item Length9.2 in
Item Width6.1 in
Additional Product Features
Intended AudienceScholarly & Professional
LCCN91-017956
Dewey Edition20
IllustratedYes
Dewey Decimal332/.09172/4
SynopsisThis book suggests how good loans can be made to individuals and firms at the 'frontier'. This frontier is not geographic, but market based. On one side are those parts of the legitimate economy that are not usually considered creditworthy by formal financial institutions, and on the other are the generally more prosperous entities that do have access to formal finance. Good loans are loans that are repaid according to the terms agreed on when they were issued. It examines how lending at the frontier can be remunerative to commercial banks, development banks and other development finance agencies that retail credit and assume credit risk. Remunerative lending is important because most lenders, regardless of their ownership and institutional form, tend to avoid activities that are not attractive. Unremunerative lending is transitory, unstable, and not robust in the face of adversity. Credit markets function poorly when lenders are not adequately rewarded. Experience at the frontier clearly indicates that weak financial institutions do not do a good job serving society in general and firms and individuals at the frontier in particular. This book is intended for readers interested in the relationship between finance and development at the firm and household levels and in the use of credit by individuals in low-income countries., Printed on Demand. Limited stock is held for this title. If you would like to order 30 copies or more please contact books@worldbank.org Contact books@worldbank.org, if currently unavailable. Explains how development financing affects firms and households, This book is intended for readers interested in the relationship between finance and development at the firm and household levels and in the use of credit by individuals in low-income countries.
LC Classification NumberHG195.V66 1991
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