Titlebook: Development Finance; P. K. Rao Textbook 2003 Springer-Verlag Berlin Heidelberg 2003 Banking.Development Finance.Economic Development.Finan

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https://doi.org/10.1007/978-1-349-81691-0perate profitably and efficiently by targeting lending priorities for the asset-poor in order to elevate the economic status of such borrowers (often to remain above applicable poverty line) and without dependence on any significant financial subsidies, then the microfinance scheme may be deemed to

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https://doi.org/10.1007/978-1-349-81691-0significantly influenced by the operations and mechanisms of policy coordination at national and international levels. The previous chapters have examined, among other issues, the role of information, transaction costs and institutions in influencing financial development and economic growth of deve

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https://doi.org/10.1007/978-1-349-81691-0 argument: “There are significant gains to social interaction above and beyond what individuals can achieve on their own.... there is a surplus created by the existence of society which is available for redistribution.” This argument also holds good when external aid, as an important source of devel

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Testing and Implementing Solutionse interests of the future generations. The role of development finance needs to be carefully integrated with the principles of SD, and this involves due recognition in the design of policies and their implementation. Global financial institutions and their counterparts at the national levels need to

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