Value chain microfinance
研究了在发展中国家,作为价值链关系一部分向小企业、消费者和工人提供金融服务(价值链小额金融)如何克服信息不对称、执行和行为偏差等障碍,并加强价值链,同时带来新挑战。回顾了信贷、保险和储蓄市场中价值链小额金融的需求与效应的实证文献,并指出未来研究方向。
Abstract We study the provision of financial services to small firms, consumers, and workers in developing countries as part of value chain relationships: value chain microfinance (VCMF). We first explore how VCMF can both overcome barriers to financial access—including asymmetric information, enforcement, and behavioural biases—and strengthen value chains, but also how it can introduce new challenges. We then review a recent empirical literature at the intersection of value chains and microfinance, studying the demand for and effects of VCMF in credit, insurance, and savings markets. We conclude by highlighting promising directions for future work.