Problem
Inadequate commercial finance for rural development projects
Nature:
In general the international expansion strategies of transnational banks in developing nations have not emphasized lending to agriculture and other rural development projects. One underlying reason for the small percentage of rural loans granted by branches of transnational banks may be the restrictions that they face in establishing rural branches, because of the preference of governments for mobilizing rural savings through the widening of financial activities of national financing institutions. Broader Problems:
Rural underdevelopmentInadequacy of foreign aidDiminishing capital investment in small communities Narrower Problems:
Lack of credit facilities for agricultural producers Aggravates:
Economic underdevelopmentStructural failure of integrated rural developmentRestrictive effects of external capital on development Strategies:
Advancing integrated rural developmentUsing food-for-work programmesImproving access of rural poor to creditImproving commercial finance for rural development projects Subject(s):
Amenities → RuralCommerce → Finance
Commerce → Commerce
Societal Problems → Inadequacy
Development → Development
Related UN Sustainable Development Goals:
Problem Type:
F: Fuzzy exceptional problems Date of last update
13.03.1997 – 00:00 CET