scholarly journals Is Access to Agribank Credit an Effective Tool in Improving Household Income? Evidence from the Northern Mountainous Region of Vietnam

2016 ◽  
Vol 12 (8) ◽  
pp. 110
Author(s):  
Do Xuan Luan ◽  
Nguyen Thanh Vu ◽  
Kieu Thi Thu Huong ◽  
Duong Thi Thu Hang ◽  
Siegfried Bauer
Keyword(s):  
Rural Development ◽  
Rural Areas ◽  
Household Income ◽  
Poverty Reduction ◽  
Nearest Neighbor ◽  
Banking System ◽  
Credit Access ◽  
Access To Credit ◽  
The Impact ◽  
Radius Matching

<p class="a"><span lang="EN-US">Access to credit has been thought to be a key factor in rural development and poverty reduction. In Vietnam, the Vietnam Bank for Agriculture and Rural Development (Agribank) emerged from the mono-tier banking system in 1988 and performs as a profit-oriented commercial bank sustaining the development of rural areas. During the last two decades, the bank has clearly expanded its share of credit outstanding in total rural credit market volume and this process is in line with the trending development of the national economy. The aim of this study is to examine whether Agribank credit improves household income in the Northern Mountains of Vietnam, where the poor and ethnic minorities are overrepresented in the population. In order to create robust estimates, a joint consideration of all four matching algorithms (</span><span lang="EN-US">nearest-neighbor matching, radius matching, Kernel matching and stratification matching) </span><span lang="EN-US">is applied to the Propensity Score Matching. The study found that access to extension services, ethnicity, and total savings emerged as reliable predictors of credit access among household endowments. Loan volumes increase with total value of household assets. In addition, the impact of credit lies in the range increase of 14.56% to 43.78% of total income, 12.09% to 51.83% of per capita income and 43.64% to 111.60% of nonfarm income of household with credit access. The agricultural bank credit has contributed in improving household income in the Northern Mountains of Vietnam. Results in this study provide further support for the hypothesis that the remarkable progress in poverty reduction in the last two decades in Vietnam is partly attributed to the development of Agribank credit. Experiences of the Agribank in lending to rural areas could be worthwhile for intermediary financial institutions to support rural development in Vietnam.</span></p>

scholarly journals An Assessment of the Access to Credit-Welfare Nexus: Evidence from Mauritania

2017 ◽  
Vol 12 (9) ◽  
pp. 77 ◽  
Author(s):  
Alessandra Amendola ◽  
Marinella Boccia ◽  
Gianluca Mele ◽  
Luca Sensini
Keyword(s):  
Rural Areas ◽  
Financial Services ◽  
Urban Areas ◽  
Credit Access ◽  
Access To Credit ◽  
Household Level ◽  
Support Strategies ◽  
Level Data ◽  
The Impact ◽  
The Relationship

This paper evaluates the impact of access to credit from banks and other financial institutions on household welfare in Mauritania. Household level data are used to evaluate the relationship between credit access, a range of household characteristics, and welfare indicators. To address the threats of potential endogeneity, an index of household isolation is used to instrument access to credit. Evidence on the validity of the exclusion restriction is provided showing that household isolation is unrelated with households and area characteristics six years prior to the measurements on which this analysis is based. Results show that households with older and more educated heads are more likely to access financial services, as are households living in urban areas. In addition, greater financial access is associated with a reduced dependence on household production and increased investment in human capital. The policy conclusions from our analysis support strategies for expanding financial infrastructures in underserved rural areas of Mauritania.

scholarly journals Entrepreneurship in the rural areas of Romania. The impact of the 2007-2013 EU funding programmes

2017 ◽  
Vol 11 (1) ◽  
pp. 1129-1136 ◽  
Author(s):  
Mihaela-Cornelia Dan ◽  
Claudia Popescu
Keyword(s):  
Rural Communities ◽  
Rural Development ◽  
Social Services ◽  
Rural Areas ◽  
Poverty Reduction ◽  
Business Models ◽  
The European Union ◽  
Income Source ◽  
Public Data ◽  
The Impact

Abstract This paper contributes to the research on entrepreneurship in rural areas by focusing on the absorption and investment plans developed with European Funds and implemented in Romania in 2007-2013 for rural development. Entrepreneurship in the European Union is seen as the solution for creating and increasing jobs number, developing new business models, and is related very often with creativity and innovation. Moreover, entrepreneurship is directly linked to the economic performance of regions (Audretsch, D.B., Keilbach, M., 2005), poverty reduction and contributes to the economic advancement of rural communities. The focus on rural areas is given by the fact that almost half of the Romanian population lives in villages or communes (around 45%), and the main income source comes from agriculture. In the same time, there is an important potential for entrepreneurial projects because rural areas are high underdeveloped, there is a lack of services in major fields as education, social services, entertainment etc. Also, we find a high potential in tourism, especially in ecological, adventure or agro-tourism. We develop a theoretical framework to discuss the potential impact of EU Funds on rural development, the access to public funds for rural population, their readiness for business ownership, the most accessible fields for starting a business and regional variables. Our study is based on public data and official reports on the European Funds received by Romania in the budgetary period of 2007-2013 and other market data that round the entrepreneurship frame in rural areas. We analyze the number of start-ups financed by European funds, type and size of enterprises, number of jobs and reasons for contract cancellation. We find that regions with a reach cultural heritage and closer to the Western border have registered more applications and are more interested in self-employment, but also that given the administrative barriers many entrepreneurs decided to cancel the contracts.

Financial and monetary policy of the State and its impact on the income level and poverty reduction in Russia

2020 ◽  
Vol 26 (5) ◽  
pp. 964-990
Author(s):  
N.I. Kulikov ◽  
V.L. Parkhomenko ◽  
Akun Anna Stefani Rozi Mobio
Keyword(s):  
Monetary Policy ◽  
Household Income ◽  
Poverty Reduction ◽  
The State ◽  
Financial Policy ◽  
Gdp Growth ◽  
Tax Rate ◽  
Gdp Growth Rate ◽  
The Government ◽  
The Impact

Subject. We assess the impact of tight financial and monetary policy of the government of the Russian Federation and the Bank of Russia on the level of household income and poverty reduction in Russia. Objectives. The purpose of the study is to analyze the results of financial and monetary policy in Russia and determine why the situation with household income and poverty has not changed for the recent six years, and the GDP growth rate in Russia is significantly lagging behind the global average. Methods. The study employs methods of analysis of scientific and information base, and synthesis of obtained data. The methodology and theoretical framework draw upon works of domestic and foreign scientists on economic and financial support to economy and population’s income. Results. We offer measures for liberalization of the financial and monetary policy of the government and the Central Bank to ensure changes in the structure of the Russian economy. The proposed alternative economic and financial policy of the State will enable the growth of real incomes of the population, poverty reduction by half by 2024, and annual GDP growth up to 6 per cent. Conclusions. It is crucial to change budget priorities, increase the salaries of public employees, introduce a progressive tax rate for individuals; to reduce the key rate to the value of annual inflation and limit the bank margin. The country needs a phased program to increase the population's income, which will ensure consumer demand.

Fuelling rural development? The impact of biofuel feedstock production in southern Africa on household income and expenditures

2021 ◽  
Vol 76 ◽  
pp. 102053
Author(s):  
S. Mudombi ◽  
C. Ochieng ◽  
F.X. Johnson ◽  
G. von Maltitz ◽  
D. Luhanga ◽  
...  
Keyword(s):  
Rural Development ◽  
Southern Africa ◽  
Household Income ◽  
Biofuel Feedstock ◽  
Feedstock Production ◽  
The Impact

scholarly journals The Impact of RDP Measures on the Diversification of Agriculture and Rural Development—Seeking Additional Livelihoods: The Case of Poland

Agriculture ◽  
2021 ◽  
Vol 11 (3) ◽  
pp. 253
Author(s):  
Mirosław Biczkowski ◽  
Aleksandra Jezierska-Thöle ◽  
Roman Rudnicki
Keyword(s):  
Rural Development ◽  
Rural Areas ◽  
Spatial Scales ◽  
Development Program ◽  
Spatial Diversity ◽  
Agricultural Activities ◽  
Synthetic Index ◽  
Two Measures ◽  
The Impact ◽  
The Eu

The paper’s main aim is to assess the measures implemented within the Rural Development Program (RDP) 2007–2013 in Poland. This programme is dedicated to the diversification of business activities in rural areas and rural livelihood and, thus, the improvement of the multifunctionality of rural areas. The analysis covered two measures from Axis 3, Improvement of the quality of life in rural areas and diversification of rural economy: M311, diversification into non-agricultural activities; and M312, Establishment and development of micro-enterprise. The study and the discussion are presented from a geographical perspective and, in a broader context, take into account several conditions (natural, urban, agricultural and historical) and the spatial diversity of the allocation of European Union (EU) funds. Models of a policy of multifunctional rural development, implemented after accession to the EU, are presented. The research’s spatial scope covers Poland’s territory on two spatial scales: the system of regions (16 NUTS2 units) and poviats (314 LAU level 1 units). The analysis covers all the projects implemented in Poland under the two measures of Axis 3 of the RDP 2007–2013. A set of conditions was prepared for all LAU1 units, forming the background for assessing the impact of the EU funds on the development of non-agricultural activities. To determine the relationship between the RDP measures and the selected groups of conditions, a synthetic index and a correlation index are used. They are also used to determine the mutual relations between the two analyzed activities in terms of the spatial scales used. Access to the EU funds (RDP) has considerably enlarged the opportunities for accelerating agricultural modernisation and restructuration towards multifunctional development, as well as the opportunities for implementing new development and work methods in the countryside in Poland. The attractiveness of the two studied RDP measures varied across regions. The beneficiaries’ activity depended on the local potential (resources), culture and tradition of the region, and size and potential of the farm. In the areas where agriculture is deeply rooted, beneficiaries were more willing to engage in ventures tapping into the resources available in their farms. Thus, they create additional livelihood of income and workplaces for household members. In turn, the beneficiaries from the areas where farms are smaller and economically weaker often undertake activities related to setting up a new business (outside farming).

POVERTY REDUCTION, UNEMPLOYMENT AND RURAL DEVELOPMENT; AFTERMATH OF COVID-19 PANDEMIC IN NIGERIA

2021 ◽  
Vol 9 (1) ◽  
pp. 36-49
Author(s):  
Oderinu Hassana ◽  
◽  
Kadir Mumini ◽  
Tijani Adebayo ◽  
Keyword(s):  
Economic Development ◽  
Rural Development ◽  
Rural Areas ◽  
Poverty Reduction ◽  
Design Method ◽  
Gear Up ◽  
Global Pandemic ◽  
High Level ◽  
Almost All ◽  
Self Administered Questionnaire

Nigeria has one of the countries whose experience of poverty and unemployment is on the high side makes this study to look into the effect of the economic lockdown during the global pandemic in the country, with the aim of making effort on how this effect can be translated into economic development. Survey research design method was adopted with self-administered questionnaire used to collect data. Findings revealed that in Nigeria COVID -19 outbreak effects was felt in almost all sectors and the aftermath greatly affected the country’s GDP and this adversely affect rural development in the country, which translated to a worrisome rate of poverty and unemployment. Hence, both individual and government have now seen that campaigning for economic diversification is not sufficient for economic development but rather a prompt swing into action by all is needed for sustainable development of rural areas to respond to the worrisome rate of unemployment and in turn high level of poverty caused by the COVID-19 lockdown in the country. It was recommended that government at all level as well as individuals and stakeholders should put in place actions that would gear up rural development and set policies at their various helms of affairs that would encourage economic participation of all citizens in all sector of the economy.

scholarly journals Indonesia’s Village Fund Program: Does It Contribute to Poverty Reduction?

2021 ◽  
pp. 65-80
Author(s):  
Novita Briliani Saragi
Keyword(s):  
Rural Development ◽  
Rural Areas ◽  
Poverty Alleviation ◽  
Poverty Reduction ◽  
Development Index ◽  
The Status ◽  
The Government ◽  
The Village ◽  
Descriptive Method

To stimulate rural development and reduce poverty in rural areas, The Government of Indonesia enacted the policy of Village Fund in 2014. However, a few studies have been conducted to examine this program. This study describes how poverty alleviation goes following Village Fund Program in Indonesia between 2015-2019. The poverty reduction was represented by holistic data, including insufficient and village status improvement through the Village Development Index (VDI). The analysis is conducted using a descriptive method by dividing the areas into six regions, Sumatera, Java & Bali, Kalimantan, Sulawesi, Maluku & NT, and Papua. The result showed that over five years, the village fund dramatically increases. Moreover, this growth is along with the slight decline the poverty. The researchers found that the decreasing number of poverty from 2015 to 2019 is about 15%. The VDI status for districts/municipalities shows that the status improved from underdeveloped villages in 2015 to developing villages in 2019. Java is the region that contributed to making the status improved either to be developing, developed, or independent. At the same time, it is the Papua region known as the region consisting of most of the least underdeveloped villages. Since the goal of this policy in poverty reduction still works slowly, it needs a lot of effort from many levels of government, from the village, regional, and national officials, to work together cooperatively.

scholarly journals Development and Implementation of the Smart Village Concept as a Challenge for the Modern Power Industry on the Example of Poland

Energies ◽  
2022 ◽  
Vol 15 (2) ◽  
pp. 603
Author(s):  
Agnieszka Budziewicz-Guźlecka ◽  
Wojciech Drożdż
Keyword(s):  
Rural Development ◽  
Rural Areas ◽  
Social Trust ◽  
Power Industry ◽  
Energy Sector ◽  
Intelligent Environment ◽  
The North ◽  
New Energy ◽  
The Impact ◽  
Universal Solutions

Nowadays, while cities are often subject to research in terms of their development, especially smart development, studies on rural areas are rare. However, the development of the latter is very important. It is important that rural areas develop economically and socially. Smart villages are a challenge for the modern energy sector. The authors of the article try to answer the question: What are the challenges for the modern energy sector in the context of rural development? The aim of this article is to identify challenges for the modern power industry in the concept of smart countryside development. The article begins with the presentation of the essence of smart villages and the essence of energy policy. The research facilitated the identification of basic challenges that prevent or slow down the development of the smart villages in terms of modern energy solutions, as perceived by experts and residents, and farmers and entrepreneurs operating in rural areas. The article identifies a number of energy challenges in the context of a smart village. They include, among others, a lack of awareness regarding the impact of energy on the environment, a low level of public knowledge about new energy solutions, and a lack of social trust in modern energy solutions in rural areas. The research was conducted in rural areas in the north-western part of Poland. At the end, the article presents a model of rural development in the context of the modern energy sector. The research also allowed the creation of a smart village development model that focuses on smart economy, intelligent environment, intelligent people, and intelligent governance. Since these are universal solutions, they can be used as a proposition for other countries.

scholarly journals Evaluating the Group Lending Development at the Vietnam Bank for Agriculture and Rural Development: A Case Study in Bac Giang Branch II

2021 ◽  
Vol 3 (3) ◽  
pp. 679-688
Author(s):  
Do Quang Giam ◽  
Dao Thi Hoang Anh ◽  
Vu Ngoc Huyen ◽  
Lai Phuong Thao ◽  
Dao Huu Bao ◽  
...  
Keyword(s):  
Rural Development ◽  
Rural Areas ◽  
Poverty Reduction ◽  
Secondary Data ◽  
Primary Data ◽  
Small Scale ◽  
Political Organizations ◽  
Group Lending ◽  
The Status ◽  
Lending Activity

Group-based lending is a form of loan provision for individuals and households in rural areas for production and consumption purposes. Proceeding from the imbalance between demand and supply on small-scale capital, and also Government policies on sustainable poverty reduction, the Vietnam Bank for Agriculture and Rural Development (Agribank) has coordinated with its local authorities and socio-political organizations to provide loan services via group lending. The purpose of this paper was to evaluate the status of group lending development of the Agribank-Bac Giang Branch II. The paper used secondary data collected from the branch and primary data gathered from 50 representative customers and 10 credit officers related the group lending of the branch. Data analysis methods consisted of descriptive statistics and comparative analysis, incorporated with the measurements for bank performance and quality. The findings show positive prospects in both the bank and customers for the development of group lending activity and obstacles in the group lending development of the branch. The paper also proposes some solutions for the branch to tackle difficulties and promote the development of group lending in the branch in Bac Giang province.

Reducing Digital Divide

2010 ◽  
pp. 212-247
Author(s):  
Anand Chand
Keyword(s):  
Rural Development ◽  
Poverty Reduction ◽  
Solomon Islands ◽  
Sustainable Rural Development ◽  
Main Research ◽  
Information And Communication ◽  
Research Findings ◽  
People First ◽  
The Impact

This chapter examines the role of People First Network (PFnet) services in enhancing information and communication and contributing to sustainable rural development and poverty reduction in Solomon Islands. More specifically, it examines two main issues. First, it examines the uptake and appropriation of PFnet services by rural Solomon Islanders. Second, it examines the impact of PFnet services on sustainable rural development and poverty reduction in Solomon Islands. This chapter is based on a empirical research conducted in Solomon Islands between January-May 2004. The chapter is organised as follows: Section one provides an overview of PFnet Project. Section two states the main aims of the study. Section three outlines the methodology used for the research. The Section four reports the main research findings. Section five discusses some problems and finally section six provides the conclusion.

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