Beyond Microfinance: Building Inclusive Rural Financial Markets in Central Asia
English
Edited by Mario B. Lamberte, Robert C.Vogel, Roger Thomas Moyes, Nimal A. Fernando
Published 2006
ISBN: 971-561-605-4
Rural Asia presents a paradox: poverty in Asia retains a markedly rural dimension but, at the same time, economic opportunities abound throughout rural areas of Asia. Robust, inclusive rural financial markets help people take advantage of economic opportunities, build assets, manage risks, and reduce their vulnerabilities to external shocks. Rural financial markets, however, remain largely underdeveloped throughout emerging Asia.
This report analyzes findings from a recent research effort into the state of rural financial systems in six Central Asian republics: Azerbaijan, Kazakhstan, Kyrgyz Republic, Mongolia, Tajikistan, and Uzbekistan. The report attempts to answer a fundamental question: what can we do to develop robust inclusive rural financial markets? The evolution of theory and practice related to rural financial market development is traced from the now-discredited focus on subsidized agricultural lending to the emerging appreciation for markets. Along the way, the authors discuss the important but limited role of microfinance in building inclusive rural financial markets. Over the past 2 decades, microfi¬nance has received a considerable—arguably excessive—amount of attention at the expense of fundamental issues of rural financial market development. The authors emphasize the need to go beyond microfinance to develop inclusive rural financial markets within the context of overall financial sector development.
Key conclusions from the study will be highly instructive to stakeholders in the region, and several lessons wilt resonate far beyond Central Asia. For example, population density, once thought a major barrier to rural finance, is shown to be a constraint that innovative commercial financial institutions can overcome. The provision of informal financial services, mainly credit, plays a critical role in rural financial markets, but needs to be better understood and appreciated. NGO microfinance institutions must develop greater flexibility—and a more explicitly commercial orientation—to achieve a meaningful degree of outreach in the region. Overall, developing economies need a range of financial institutions, including robust commercial banking sectors, that can expand into rural areas to serve the highly heterogenous demand for financial services of rural dwellers.
Handbook for Borrowers on the Financial Management and Analysis of Projects
English
Asisan Development Bank
Published 2006
ISBN: 971-561-613-5
The original publication entitled, Handbook for Borrowers on the Financial Governance and Management of Investment Projects financed by the Asian Development Bank was prepared by Sarath lakshman Athukorala (Financial Management Specialist, ADB) and Barry Reid (consultant). The original handbook has been updated to conform with the revised Financial Management and Analysis of Projects, 2005. This was indertaken by a team comprising Kathleen Moktan, Director, Capacity Development and Governance Division, with assistance from Andrew Head. Principal Financial Management Specialist, Anouj Mehta, Financial Management Specialist, Lizzette Francisco, Yvonne Osonia, Ma. Carolina Faustino-Chan, and Portia Gonzales.
The Role of Public Administration in building a harmonious Society
English
Asian Development Bank, China National School of Administration
Edited by Raza Ahmad
Published 2006
ISBN: 971-561-616-X
This volume brings together a selection of papers presented at the 2005 annual conference of the Network of Asia-Pacific Schools and Institutes of Public Administration and Governance (NAPSIPAG). This conference was held in Beijing, People's Republic of China in December 2005. The meeting's theme was the rote of public administration in building a harmonious society. Seven subthemes were explored: (i) citizen participation and local autonomy, (ii) public administration strategies, (iii) innovations in governance and public service, (iv) conflict resolution and peace building, (v) constraints and challenges arising from demographic transitions and imbalances, (vi) health care for the poor, and (vii) the teaching session on public administration and policy.
This collection of papers reflects the diversity of "grounded" voices to be found in the region. While the approaches are different, a distinguishing feature is the depth of local knowledge they exhibit and the manner in which innovation from within the Asia and Pacific region is highlighted. Moreover, the selection presents findings that policy makers will find useful when tackling the enigma of promoting good governance and achieving development effectiveness. Session 1: Citizen participation in Local Budgeting: Case of Mongolia: Byambabayar Yadamsuren
Энэ номыг Нээлттэй Нийгэм Форумын Хөгжлийн Мэдээллийн Төвд ирж үзэхийг урьж байна.
Хаяг: Сүхбаатар дүүрэг, Жамъян гүний гудамж 5/1, Нээлттэй Нийгэм Форумын байр, утас 313207 |