The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Nonmarket Institutions for Credit and Risk Sharing in Low-Income Countries
Abstract
The design credit and risk institutions in low-income countries provides one of the most exciting testing grounds for theories of contracting with imperfect information and limited enforcement. This paper reviews some of the recent literature, with a special focus on nonmarket institutions that cope with risk and provide credit. This literature attempts to bring together insights from economic theory, especially information economics, contract theory, and mechanism design theory. However, it is also applied, being motivated by the circumstance of the poor countries that their authors have visited and studied.
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Cites
Rosenzweig, M. R., & Wolpin, K. I. (1993) · Journal of Political Economy · doi:10.1086/261874 · Cited by 1,179
Akerlof, G., & Akerlof, G. (1991) · Unknown · doi:10.22004/ag.econ.294661 · Cited by 849
Cited by
Does Social Capital Have an Economic Payoff? A Cross-Country Investigation
Knack, S., & Keefer, P. (1997) · The Quarterly Journal of Economics · doi:10.1162/003355300555475 · Cited by 7,484
Trade Liberalization and Poverty: The Evidence So Far
Winters, L. A., McCulloch, N., & McKay, A. (2004) · Journal of Economic Literature · doi:10.1257/002205104773558056 · Cited by 1,085
Group lending, local information and peer selection
Ghatak, M. (1999) · Journal of Development Economics · doi:10.1016/s0304-3878(99)00035-8 · Cited by 720
Microfinance Repayment Performance in Bangladesh: How to Improve the Allocation of Loans by MFIs
Godquin, M. (2004) · World Development · doi:10.1016/j.worlddev.2004.05.011 · Cited by 332
Determinants of Repayment in Microcredit: Evidence from Programs in the United States
Bhatt, N., & Tang, S. (2002) · International Journal of Urban and Regional Research · doi:10.1111/1468-2427.00384 · Cited by 160
Metadata
- Authors
- Besley, T.
- Venue
- Journal of Economic Perspectives
- Publisher
- American Economic Association
- Published
- 1995-08-01
- Volume
- 9
- Issue
- 3
- Pages
- 115-127
- ISSN
- 0895-3309 (ISSN-L)
- OpenAlex
- W2022923850
- Cited by
- 404
- References
- 2
- FWCI
- 19.10
- Type
- journal article
- Language
- en
- Open access
- closed
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- Besley, T. (1995). Nonmarket Institutions for Credit and Risk Sharing in Low-Income Countries. Journal of Economic Perspectives. https://doi.org/10.1257/jep.9.3.115
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
