The financial systems approach to development finance: Origin, evolution and prospects

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dc.contributor.authorSchoombee A.
dc.date.accessioned2011-05-15T16:01:32Z
dc.date.available2011-05-15T16:01:32Z
dc.date.issued1998
dc.description.abstractThis article focuses on the prospects of the financial systems approach to development finance to ensure sustainable access to financial services for microentrepreneurs. It discusses three prerequisites for the success of this approach: the continued application of financial liberalisation policies; the delivery of financial services on a commercially viable basis by emulating the successes of informal financial intermediaries in solving the problems normally experienced by the formal financial sector when serving microentrepreneurs; and the continued appropriate support from governments and the donor community. It is postulated that these prerequisites will be fulfilled, making the author cautiously optimistic that the financial systems approach to development finance will succeed in securing sustainable access to financial services for microentrepreneurs in the 21st century.
dc.description.versionArticle
dc.identifier.citationDevelopment Southern Africa
dc.identifier.citation15
dc.identifier.citation3
dc.identifier.issn0376835X
dc.identifier.urihttp://hdl.handle.net/10019.1/12031
dc.subjectdevelopment strategy
dc.subjectentrepreneur
dc.subjectfinancial provision
dc.subjectliberalization
dc.subjectmicrofinance
dc.titleThe financial systems approach to development finance: Origin, evolution and prospects
dc.typeArticle
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