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Cover image for book Informal Finance In Low-income Countries

Informal Finance In Low-income Countries

By:Dale W Adams
Publisher:Taylor & Francis
Print ISBN:9780367154585
eText ISBN:9780429710582
Edition:1
Copyright:1992
Format:Reflowable

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Invisible to official statistics and operating outside the reach of governmental regulation, informal finance markets often prove more efficient and more fair than their formal counterparts. The authors of these studies emphasize the diversity and richness of informal credit markets.