Utilizing data from Bangladesh, India, Indonesia, the Philippines and Thailand, this study conducts a comparative study of informal markets (ICM). It hopes to cover the major structure of ICMs, the size and its trends and the policy/legal environment. It also discusses the role of ICMs in savings generation, credit consumption, allocation efficiency and equity. How the interest rate is formed in ICM, together with the competition between the formal and informal sectors, the possible role of ICMs and the interlinkage of credit with other markets are analyzed. An optimal legal and policy environment towards the informal sector is offered.
Citations
This publication has been cited 5 times
In other Publications
- Dela Cruz-Dona, Rena and Alan Martina. 2000. Some links between education, household well-being and credit markets: evidence from rural Philippines. Oxford Development Studies, 28, No. 3, 289-308. Taylor & Francis Journals.
- Lamberte, Mario. 1995. Credit unions as channels of micro-credit lines: the Philippine case. Discussion Papers DP 1995-25. Philippine Institute for Development Studies.
- Lamberte, Mario. 1998. Credit unions as channels of micro-credit lines: the Philippine case. Research Paper Series RPS 1998-01. Philippine Institute for Development Studies.
- Malapit, Hazel Jean L.. 2012. Are women more likely to be credit constrained? Evidence from low-income urban households in the Philippines. Feminist Economics, 18, no. 3, 81-108. Taylor & Francis Journals.
- Manlagnit, Ma. Chelo V.. 2004. In-depth analysis on the access to and suitability of the loans. Discussion Papers DP 2004-05. Philippine Institute for Development Studies.
