Romania - Rural Finance in Transition Economies

Franz Heidhues

ISBN 10: 3631366833 / ISBN 13: 9783631366837

Published by Peter Lang, 2000

About this Item

Druck auf Anfrage Neuware - Printed after ordering - In the transition process from a centrally planned to a market economy the financial sector has a vitally important role to play. Nevertheless, transformation research has largely neglected rural finance and its link to the development of agriculture and the rural economy. This book intends to fill this gap. It addresses such questions as 'how and in what sequence can rural finance be restructured', 'how can it support rural enterprise efficiency and help break the cycle of enterprise inefficiency, illiquidity and over-indebtedness', 'how can the typical constraints of uncertain land-ownership for financial institutions in the transformation process be overcome', and 'what type of institutional innovations are called for'. These issues are evaluated in the light of theory and empirically analysed for the country case Romania. The book consists of three parts. First, it discusses rural finance and transition from a theoretical perspective. The second part contains empirical research results relevant to the development of Romania's rural sector. Thirdly, it formulates policy recommendations to overcome market and government failures in building an efficient rural financial market in transition countries.

Seller Inventory # 9783631366837

Bibliographic Details

• Title: Romania - Rural Finance in Transition Economies
• Publisher: Peter Lang
• Publication Date: 2000
• Language: English
• ISBN 10: 3631366833
• ISBN 13: 9783631366837
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 210W x 148H x 13D millimeters 210 millimeters width by 148 millimeters height by 13 millimeters depth
• Weight: 310 grams

About this title

Synopsis

In the transition process from a centrally planned to a market economy the financial sector has a vitally important role to play. Nevertheless, transformation research has largely neglected rural finance and its link to the development of agriculture and the rural economy. This book intends to fill this gap. It addresses such questions as ‘how and in what sequence can rural finance be restructured’, ‘how can it support rural enterprise efficiency and help break the cycle of enterprise inefficiency, illiquidity and over-indebtedness’, ‘how can the typical constraints of uncertain land-ownership for financial institutions in the transformation process be overcome’, and ‘what type of institutional innovations are called for’.
These issues are evaluated in the light of theory and empirically analysed for the country case Romania. The book consists of three parts. First, it discusses rural finance and transition from a theoretical perspective. The second part contains empirical research results relevant to the development of Romania’s rural sector. Thirdly, it formulates policy recommendations to overcome market and government failures in building an efficient rural financial market in transition countries.

About the Author

The Editors: Franz Heidhues is professor for development theory and agricultural policy at the University of Hohenheim in Stuttgart/Germany. His principal research interests relate to food security policy, institutional development in rural areas, particularly in finance and resource tenure.
The research and teaching focus of Gertrud Schrieder, assistant professor at the University of Hohenheim, is on agricultural policy and rural sector reforms, food security issues, and rural finance.