%0 Book
%T Rural Financial Services: Implementing the Bank's Strategy to Reach the Rural Poor
%A World Bank
%D 2013
%I Washington
%C DC
%G English
%F 797600035
%X 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.
%K ACCOUNTING
%K ACCOUNTING PRACTICES
%K ADB
%K AGRICULTURAL CREDIT
%K AGRICULTURAL DEVELOPMENT BANKS
%K AGRICULTURAL PRODUCTION
%K AGRICULTURE
%K AUDITING
%K BANK LENDING
%K BANK REGULATION
%K BANKING REGULATION
%K CAPACITY BUILDING
%K CAPITAL-INTENSIVE INVESTMENTS
%K COLLATERALIZATION
%K COMMERCIAL BANKS
%K COMMERCIAL CREDIT
%K CONCESSIONAL LOANS
%K CONTRACT ENFORCEMENT
%K COST RECOVERY
%K CREDIT SCHEME
%K CREDIT SCHEMES
%K CREDIT UNIONS
%K DEBT
%K DEBT CAPACITY
%K DEPOSITS
%K DEVELOPED COUNTRIES
%K DEVELOPMENT ALTERNATIVES
%K DEVELOPMENT ASSISTANCE
%K DEVELOPMENT ORGANIZATIONS
%K DEVELOPMENT STRATEGY
%K DONOR AGENCIES
%K ECONOMIC GROWTH
%K EFFECTIVE DEMAND
%K ENTREPRENEURSHIP
%K ENVIRONMENTAL DEGRADATION
%K EXCESS DEMAND
%K EXPENDITURES
%K EXTREME POVERTY
%K FARMS
%K FINANCIAL ASSETS
%K FINANCIAL CRISES
%K FINANCIAL INSTITUTIONS
%K FINANCIAL INTERMEDIARIES
%K FINANCIAL INTERMEDIATION
%K FINANCIAL MANAGEMENT
%K FINANCIAL MARKETS
%K FINANCIAL POLICIES
%K FINANCIAL RESOURCES
%K FINANCIAL SECTOR
%K FINANCIAL SERVICES
%K FINANCIAL SUSTAINABILITY
%K FINANCIAL SYSTEMS
%K FISCAL YEAR
%K FORMAL INSTITUTIONS
%K GRANT PROGRAMS
%K INCOME
%K INCOME GENERATION
%K INCOME HOUSEHOLDS
%K INCREASED ACCESS
%K INSURANCE
%K INTEREST RATE
%K INTEREST RATES
%K INVENTORY
%K LAWS
%K LIQUIDITY
%K LONG TERM
%K MACROECONOMIC MANAGEMENT
%K MACROECONOMIC STABILITY
%K MANAGEMENT INFORMATION SYSTEMS
%K MARKET LIBERALIZATION
%K MATCHING GRANTS
%K MICROFINANCE
%K MICROFINANCE INSTITUTIONS
%K MUNICIPAL BANKS
%K OPERATING COSTS
%K POLICY ENVIRONMENT
%K POLITICAL FACTORS
%K POOR CLIENTS
%K POOR HOUSEHOLDS
%K POOR PEOPLE
%K POVERTY ALLEVIATION
%K POVERTY FOCUS
%K POVERTY LEVEL
%K POVERTY REDUCTION
%K PRODUCTION PATTERNS
%K PRODUCTIVE ASSETS
%K PRODUCTIVITY
%K PROFITABILITY
%K PROPERTY RIGHTS
%K PUBLIC RESOURCES
%K PURCHASING POWER
%K REGULATORY FRAMEWORK
%K REGULATORY FRAMEWORKS
%K RISK MANAGEMENT
%K RURAL AREAS
%K RURAL COMMUNITIES
%K RURAL HOUSEHOLDS
%K RURAL POOR
%K SAFETY NET
%K SAVINGS
%K SAVINGS BANKS
%K SERVICE PROVIDERS
%K SHORT TERM
%K SMOOTHING CONSUMPTION
%K SOCIAL CAPITAL
%K SOCIAL INFRASTRUCTURE
%K SOCIAL PROTECTION
%K SOCIAL SERVICES
%K STRUCTURAL ADJUSTMENT
%K TASK TEAM LEADER
%K TECHNICAL ASSISTANCE
%K TECHNICAL SKILLS
%K TERM FINANCE
%K TRANSACTION COSTS
%K TRANSITION ECONOMIES
%K TRANSPORT
%K TTL
%K URBAN AREAS
%K VULNERABLE GROUPS
%K WIDESPREAD CORRUPTION
%K WORKING CAPITAL RURAL POVERTY
%K RURAL FINANCE
%K CAPITAL MARKETS
%K INSTITUTIONAL FRAMEWORK
%K PORTFOLIO PERFORMANCE
%K MICRO-FINANCE
%K MICRO-CREDIT PROGRAMS
%K ECONOMIC INFRASTRUCTURE
%K CLIENT SERVICES
%K CONSULTATIVE GROUPS
%K FINANCIAL INSTRUMENTS
%K AGRICULTURAL LENDING
%K BANK REFORM
%K WEATHER PREDICTION
%K INVENTORY OF ASSETS
%K RURAL CREDIT
%K ON-LENDING TO BENEFICIARIES
%K COMMERCIALIZATION
%K PERFROMANCE STANDARDS
%K OPTIMIZATION
%9 Text
%U http://hdl.handle.net/10986/14677