Rural Financial Services : Implementing the Bank's Strategy to Reach the Rural Poor
This paper discusses rural finance aspects of the World Bank's rural development strategy, "Reaching the Rural Poor" (see report no. 26763) by giving an overview of recent implementation experience, discussing current issues, and hig...
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| Format: | Rural Development Assessment |
| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2003/03/2876069/rural-financial-services-implementing-banks-strategy-reach-rural-poor http://hdl.handle.net/10986/14677 |
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okr-10986-14677 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTING ACCOUNTING PRACTICES ADB AGRICULTURAL CREDIT AGRICULTURAL DEVELOPMENT BANKS AGRICULTURAL PRODUCTION AGRICULTURE AUDITING BANK LENDING BANK REGULATION BANKING REGULATION CAPACITY BUILDING CAPITAL-INTENSIVE INVESTMENTS COLLATERALIZATION COMMERCIAL BANKS COMMERCIAL CREDIT CONCESSIONAL LOANS CONTRACT ENFORCEMENT COST RECOVERY CREDIT SCHEME CREDIT SCHEMES CREDIT UNIONS DEBT DEBT CAPACITY DEPOSITS DEVELOPED COUNTRIES DEVELOPMENT ALTERNATIVES DEVELOPMENT ASSISTANCE DEVELOPMENT ORGANIZATIONS DEVELOPMENT STRATEGY DONOR AGENCIES ECONOMIC GROWTH EFFECTIVE DEMAND ENTREPRENEURSHIP ENVIRONMENTAL DEGRADATION EXCESS DEMAND EXPENDITURES EXTREME POVERTY FARMS FINANCIAL ASSETS FINANCIAL CRISES FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL INTERMEDIATION FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL POLICIES FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SUSTAINABILITY FINANCIAL SYSTEMS FISCAL YEAR FORMAL INSTITUTIONS GRANT PROGRAMS INCOME INCOME GENERATION INCOME HOUSEHOLDS INCREASED ACCESS INSURANCE INTEREST RATE INTEREST RATES INVENTORY LAWS LIQUIDITY LONG TERM MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MANAGEMENT INFORMATION SYSTEMS MARKET LIBERALIZATION MATCHING GRANTS MICROFINANCE MICROFINANCE INSTITUTIONS MUNICIPAL BANKS OPERATING COSTS POLICY ENVIRONMENT POLITICAL FACTORS POOR CLIENTS POOR HOUSEHOLDS POOR PEOPLE POVERTY ALLEVIATION POVERTY FOCUS POVERTY LEVEL POVERTY REDUCTION PRODUCTION PATTERNS PRODUCTIVE ASSETS PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PUBLIC RESOURCES PURCHASING POWER REGULATORY FRAMEWORK REGULATORY FRAMEWORKS RISK MANAGEMENT RURAL AREAS RURAL COMMUNITIES RURAL HOUSEHOLDS RURAL POOR SAFETY NET SAVINGS SAVINGS BANKS SERVICE PROVIDERS SHORT TERM SMOOTHING CONSUMPTION SOCIAL CAPITAL SOCIAL INFRASTRUCTURE SOCIAL PROTECTION SOCIAL SERVICES STRUCTURAL ADJUSTMENT TASK TEAM LEADER TECHNICAL ASSISTANCE TECHNICAL SKILLS TERM FINANCE TRANSACTION COSTS TRANSITION ECONOMIES TRANSPORT TTL URBAN AREAS VULNERABLE GROUPS WIDESPREAD CORRUPTION WORKING CAPITAL RURAL POVERTY RURAL FINANCE CAPITAL MARKETS INSTITUTIONAL FRAMEWORK AGRICULTURAL CREDIT PORTFOLIO PERFORMANCE MICRO-FINANCE MICRO-CREDIT PROGRAMS CAPACITY BUILDING SOCIAL INFRASTRUCTURE ECONOMIC INFRASTRUCTURE CLIENT SERVICES CONSULTATIVE GROUPS PROFITABILITY COST RECOVERY FINANCIAL INSTRUMENTS AGRICULTURAL LENDING BANK REFORM WEATHER PREDICTION RISK MANAGEMENT INVENTORY OF ASSETS RURAL CREDIT CREDIT UNIONS ON-LENDING TO BENEFICIARIES COMMERCIALIZATION PERFROMANCE STANDARDS OPTIMIZATION |
| spellingShingle |
ACCOUNTING ACCOUNTING PRACTICES ADB AGRICULTURAL CREDIT AGRICULTURAL DEVELOPMENT BANKS AGRICULTURAL PRODUCTION AGRICULTURE AUDITING BANK LENDING BANK REGULATION BANKING REGULATION CAPACITY BUILDING CAPITAL-INTENSIVE INVESTMENTS COLLATERALIZATION COMMERCIAL BANKS COMMERCIAL CREDIT CONCESSIONAL LOANS CONTRACT ENFORCEMENT COST RECOVERY CREDIT SCHEME CREDIT SCHEMES CREDIT UNIONS DEBT DEBT CAPACITY DEPOSITS DEVELOPED COUNTRIES DEVELOPMENT ALTERNATIVES DEVELOPMENT ASSISTANCE DEVELOPMENT ORGANIZATIONS DEVELOPMENT STRATEGY DONOR AGENCIES ECONOMIC GROWTH EFFECTIVE DEMAND ENTREPRENEURSHIP ENVIRONMENTAL DEGRADATION EXCESS DEMAND EXPENDITURES EXTREME POVERTY FARMS FINANCIAL ASSETS FINANCIAL CRISES FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL INTERMEDIATION FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL POLICIES FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SUSTAINABILITY FINANCIAL SYSTEMS FISCAL YEAR FORMAL INSTITUTIONS GRANT PROGRAMS INCOME INCOME GENERATION INCOME HOUSEHOLDS INCREASED ACCESS INSURANCE INTEREST RATE INTEREST RATES INVENTORY LAWS LIQUIDITY LONG TERM MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MANAGEMENT INFORMATION SYSTEMS MARKET LIBERALIZATION MATCHING GRANTS MICROFINANCE MICROFINANCE INSTITUTIONS MUNICIPAL BANKS OPERATING COSTS POLICY ENVIRONMENT POLITICAL FACTORS POOR CLIENTS POOR HOUSEHOLDS POOR PEOPLE POVERTY ALLEVIATION POVERTY FOCUS POVERTY LEVEL POVERTY REDUCTION PRODUCTION PATTERNS PRODUCTIVE ASSETS PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PUBLIC RESOURCES PURCHASING POWER REGULATORY FRAMEWORK REGULATORY FRAMEWORKS RISK MANAGEMENT RURAL AREAS RURAL COMMUNITIES RURAL HOUSEHOLDS RURAL POOR SAFETY NET SAVINGS SAVINGS BANKS SERVICE PROVIDERS SHORT TERM SMOOTHING CONSUMPTION SOCIAL CAPITAL SOCIAL INFRASTRUCTURE SOCIAL PROTECTION SOCIAL SERVICES STRUCTURAL ADJUSTMENT TASK TEAM LEADER TECHNICAL ASSISTANCE TECHNICAL SKILLS TERM FINANCE TRANSACTION COSTS TRANSITION ECONOMIES TRANSPORT TTL URBAN AREAS VULNERABLE GROUPS WIDESPREAD CORRUPTION WORKING CAPITAL RURAL POVERTY RURAL FINANCE CAPITAL MARKETS INSTITUTIONAL FRAMEWORK AGRICULTURAL CREDIT PORTFOLIO PERFORMANCE MICRO-FINANCE MICRO-CREDIT PROGRAMS CAPACITY BUILDING SOCIAL INFRASTRUCTURE ECONOMIC INFRASTRUCTURE CLIENT SERVICES CONSULTATIVE GROUPS PROFITABILITY COST RECOVERY FINANCIAL INSTRUMENTS AGRICULTURAL LENDING BANK REFORM WEATHER PREDICTION RISK MANAGEMENT INVENTORY OF ASSETS RURAL CREDIT CREDIT UNIONS ON-LENDING TO BENEFICIARIES COMMERCIALIZATION PERFROMANCE STANDARDS OPTIMIZATION World Bank Rural Financial Services : Implementing the Bank's Strategy to Reach the Rural Poor |
| description |
This paper discusses rural finance
aspects of the World Bank's rural development strategy,
"Reaching the Rural Poor" (see report no. 26763)
by giving an overview of recent implementation experience,
discussing current issues, and highlighting priorities for
the future. The primary objective is to articulate how the
Bank views current best practices in rural finance and
attempts to incorporate them into its operations, as a
common frame of reference for policymakers in client
countries, Bank staff, and other donor agencies. In the
process, it provides some operational guidance on the types
of instruments suited to different circumstances, although
it is not intended as a toolkit for project design. Four
sections make up this report. Section II explores the
characteristics of rural financial markets and constraints
to their development, analyzes why the traditional paradigm
of directed agricultural credit was replaced by a financial
systems approach, and explains how this new paradigm is
incorporated into institutional policies. Section III
reviews recent implementation experience of Bank RMF
operations and emerging issues. Section IV develops
approaches for strengthening implementation of the
Bank's strategy for rural financial market development
at the levels of macro policies, institutions, communities
and clients, and concludes with recommendations for improved
consultation, both internal and external. |
| format |
Economic & Sector Work :: Rural Development Assessment |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Rural Financial Services : Implementing the Bank's Strategy to Reach the Rural Poor |
| title_short |
Rural Financial Services : Implementing the Bank's Strategy to Reach the Rural Poor |
| title_full |
Rural Financial Services : Implementing the Bank's Strategy to Reach the Rural Poor |
| title_fullStr |
Rural Financial Services : Implementing the Bank's Strategy to Reach the Rural Poor |
| title_full_unstemmed |
Rural Financial Services : Implementing the Bank's Strategy to Reach the Rural Poor |
| title_sort |
rural financial services : implementing the bank's strategy to reach the rural poor |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2003/03/2876069/rural-financial-services-implementing-banks-strategy-reach-rural-poor http://hdl.handle.net/10986/14677 |
| _version_ |
1764428392416935936 |
| spelling |
okr-10986-146772021-04-23T14:03:17Z Rural Financial Services : Implementing the Bank's Strategy to Reach the Rural Poor World Bank ACCOUNTING ACCOUNTING PRACTICES ADB AGRICULTURAL CREDIT AGRICULTURAL DEVELOPMENT BANKS AGRICULTURAL PRODUCTION AGRICULTURE AUDITING BANK LENDING BANK REGULATION BANKING REGULATION CAPACITY BUILDING CAPITAL-INTENSIVE INVESTMENTS COLLATERALIZATION COMMERCIAL BANKS COMMERCIAL CREDIT CONCESSIONAL LOANS CONTRACT ENFORCEMENT COST RECOVERY CREDIT SCHEME CREDIT SCHEMES CREDIT UNIONS DEBT DEBT CAPACITY DEPOSITS DEVELOPED COUNTRIES DEVELOPMENT ALTERNATIVES DEVELOPMENT ASSISTANCE DEVELOPMENT ORGANIZATIONS DEVELOPMENT STRATEGY DONOR AGENCIES ECONOMIC GROWTH EFFECTIVE DEMAND ENTREPRENEURSHIP ENVIRONMENTAL DEGRADATION EXCESS DEMAND EXPENDITURES EXTREME POVERTY FARMS FINANCIAL ASSETS FINANCIAL CRISES FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL INTERMEDIATION FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL POLICIES FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SUSTAINABILITY FINANCIAL SYSTEMS FISCAL YEAR FORMAL INSTITUTIONS GRANT PROGRAMS INCOME INCOME GENERATION INCOME HOUSEHOLDS INCREASED ACCESS INSURANCE INTEREST RATE INTEREST RATES INVENTORY LAWS LIQUIDITY LONG TERM MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MANAGEMENT INFORMATION SYSTEMS MARKET LIBERALIZATION MATCHING GRANTS MICROFINANCE MICROFINANCE INSTITUTIONS MUNICIPAL BANKS OPERATING COSTS POLICY ENVIRONMENT POLITICAL FACTORS POOR CLIENTS POOR HOUSEHOLDS POOR PEOPLE POVERTY ALLEVIATION POVERTY FOCUS POVERTY LEVEL POVERTY REDUCTION PRODUCTION PATTERNS PRODUCTIVE ASSETS PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PUBLIC RESOURCES PURCHASING POWER REGULATORY FRAMEWORK REGULATORY FRAMEWORKS RISK MANAGEMENT RURAL AREAS RURAL COMMUNITIES RURAL HOUSEHOLDS RURAL POOR SAFETY NET SAVINGS SAVINGS BANKS SERVICE PROVIDERS SHORT TERM SMOOTHING CONSUMPTION SOCIAL CAPITAL SOCIAL INFRASTRUCTURE SOCIAL PROTECTION SOCIAL SERVICES STRUCTURAL ADJUSTMENT TASK TEAM LEADER TECHNICAL ASSISTANCE TECHNICAL SKILLS TERM FINANCE TRANSACTION COSTS TRANSITION ECONOMIES TRANSPORT TTL URBAN AREAS VULNERABLE GROUPS WIDESPREAD CORRUPTION WORKING CAPITAL RURAL POVERTY RURAL FINANCE CAPITAL MARKETS INSTITUTIONAL FRAMEWORK AGRICULTURAL CREDIT PORTFOLIO PERFORMANCE MICRO-FINANCE MICRO-CREDIT PROGRAMS CAPACITY BUILDING SOCIAL INFRASTRUCTURE ECONOMIC INFRASTRUCTURE CLIENT SERVICES CONSULTATIVE GROUPS PROFITABILITY COST RECOVERY FINANCIAL INSTRUMENTS AGRICULTURAL LENDING BANK REFORM WEATHER PREDICTION RISK MANAGEMENT INVENTORY OF ASSETS RURAL CREDIT CREDIT UNIONS ON-LENDING TO BENEFICIARIES COMMERCIALIZATION PERFROMANCE STANDARDS OPTIMIZATION This paper discusses rural finance aspects of the World Bank's rural development strategy, "Reaching the Rural Poor" (see report no. 26763) by giving an overview of recent implementation experience, discussing current issues, and highlighting priorities for the future. The primary objective is to articulate how the Bank views current best practices in rural finance and attempts to incorporate them into its operations, as a common frame of reference for policymakers in client countries, Bank staff, and other donor agencies. In the process, it provides some operational guidance on the types of instruments suited to different circumstances, although it is not intended as a toolkit for project design. Four sections make up this report. Section II explores the characteristics of rural financial markets and constraints to their development, analyzes why the traditional paradigm of directed agricultural credit was replaced by a financial systems approach, and explains how this new paradigm is incorporated into institutional policies. Section III reviews recent implementation experience of Bank RMF operations and emerging issues. Section IV develops approaches for strengthening implementation of the Bank's strategy for rural financial market development at the levels of macro policies, institutions, communities and clients, and concludes with recommendations for improved consultation, both internal and external. 2013-07-30T22:03:25Z 2013-07-30T22:03:25Z 2003-03 http://documents.worldbank.org/curated/en/2003/03/2876069/rural-financial-services-implementing-banks-strategy-reach-rural-poor http://hdl.handle.net/10986/14677 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Rural Development Assessment Economic & Sector Work |