Microcredit and Farmers' Income -- Theory and Empirical Data from Poverty Cooperatives

Author: Sun Ruomei
Publisher:
Publish Date: 2006-01-01
Features: Microfinance is financial service for the poor and is regarded as an effective tool for poverty alleviation, carrying the hopes and ideals of people. So, how effective is this innovative approach to poverty reduction? This book presents the findings of research on the impact of microfinance on poverty alleviation and increasing farmers' income. The entire book not only systematically organizes and elaborates on the connotation, development process, evolution of economic thought within microfinance, poverty targeting, and the pathways and extent of credit's impact on farmers' income from a theoretical perspective, but also conducts empirical testing and analysis using hand-collected survey data from rural microfinance practices in China (poverty alleviation cooperatives), drawing corresponding conclusions and policy recommendations. This book will be helpful for researchers, students, policymakers, and practitioners in the field of development. Microfinance is financial service for the poor and is regarded as an effective tool for poverty alleviation, carrying the hopes and ideals of people. So, how effective is this innovative approach to poverty reduction? This book presents the findings of research on the impact of microfinance on poverty alleviation and increasing farmers' income. The entire book not only systematically organizes and elaborates on the connotation, development process, evolution of economic thought within microfinance, poverty targeting, and the pathways and extent of credit's impact on farmers' income from a theoretical perspective, but also conducts empirical testing and analysis using hand-collected survey data from rural microfinance practices in China (poverty alleviation cooperatives), drawing corresponding conclusions and policy recommendations. This book will be helpful for researchers, students, policymakers, and practitioners in the field of development.