Credit for agricultural development

Access to financial services is critical for agricultural development. By “access to financial services” we mean access to credit, savings, payments, and insurance. Such a broad measure of access is called “financial inclusion” in the recent development literature. Financial inclusion is also define...

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Detalles Bibliográficos
Autor principal: Khandker, Shahidur R.
Formato: Capítulo de libro
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2021
Materias:
Acceso en línea:https://hdl.handle.net/10568/142336
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author Khandker, Shahidur R.
author_browse Khandker, Shahidur R.
author_facet Khandker, Shahidur R.
author_sort Khandker, Shahidur R.
collection Repository of Agricultural Research Outputs (CGSpace)
description Access to financial services is critical for agricultural development. By “access to financial services” we mean access to credit, savings, payments, and insurance. Such a broad measure of access is called “financial inclusion” in the recent development literature. Financial inclusion is also defined as a measure of an individual’s and a business’s access to use of financial services to save, borrow, make payments, and buy insurance to mitigate risk in production and consumption (Demirguc-Kunt and Klapper 2012; Demirguc-Kunt et al. 2015).1 Access to financial services facilitates an individual’s and a business’s day-to-day transactions and helps them manage everything from investment plans to unexpected emergencies. “Financial access” means access to outlets where people save, borrow, pay bills, and buy insurance, in order to initiate and expand businesses, to invest in education or health, to manage risk, and to weather shocks. All these activities induced by financial inclusion lead to higher productivity, raising income, consumption, nutrition, and education, and thus achieving multiple Sustainable Development Goals (World Bank 2018).
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spelling CGSpace1423362025-11-06T04:19:12Z Credit for agricultural development Khandker, Shahidur R. agricultural development financing credit Access to financial services is critical for agricultural development. By “access to financial services” we mean access to credit, savings, payments, and insurance. Such a broad measure of access is called “financial inclusion” in the recent development literature. Financial inclusion is also defined as a measure of an individual’s and a business’s access to use of financial services to save, borrow, make payments, and buy insurance to mitigate risk in production and consumption (Demirguc-Kunt and Klapper 2012; Demirguc-Kunt et al. 2015).1 Access to financial services facilitates an individual’s and a business’s day-to-day transactions and helps them manage everything from investment plans to unexpected emergencies. “Financial access” means access to outlets where people save, borrow, pay bills, and buy insurance, in order to initiate and expand businesses, to invest in education or health, to manage risk, and to weather shocks. All these activities induced by financial inclusion lead to higher productivity, raising income, consumption, nutrition, and education, and thus achieving multiple Sustainable Development Goals (World Bank 2018). 2021-02-01 2024-05-22T12:10:20Z 2024-05-22T12:10:20Z Book Chapter https://hdl.handle.net/10568/142336 en https://doi.org/10.2499/9780896293830 https://doi.org/10.2499/9780896293854 Open Access application/pdf International Food Policy Research Institute Khandker, Shahidur R. 2021. Credit for agricultural development. In Agricultural development: New perspectives in a changing world, eds. Keijiro Otsuka and Shenggen Fan. Part Three: Context for Agricultural Development, Chapter 16, Pp. 529-562. Washington, DC: International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/9780896293830_16.
spellingShingle agricultural development
financing
credit
Khandker, Shahidur R.
Credit for agricultural development
title Credit for agricultural development
title_full Credit for agricultural development
title_fullStr Credit for agricultural development
title_full_unstemmed Credit for agricultural development
title_short Credit for agricultural development
title_sort credit for agricultural development
topic agricultural development
financing
credit
url https://hdl.handle.net/10568/142336
work_keys_str_mv AT khandkershahidurr creditforagriculturaldevelopment