Reviewing the Development of Rural Finance in Vietnam
Summary. Vietnam's rural financial system has developed successfully since economic reforms, contradicting theories predicting market failures in low-income countries. The study shows that rural finance progresses well when government initiates the system, market mechanisms drive operations, and rural organizations provide institutional support. The author argues against viewing old and new credit paradigms as opposites, instead demonstrating that hybrid approaches combining government leadership, market operations, and community institutions create stable, functioning rural financial markets.
Cite this article
Bao, D. P.. (2013). Reviewing the Development of Rural Finance in Vietnam. Journal of Economics and Development. https://doi.org/10.33301/2013.15.01.06
Bao, Duong Pham. “Reviewing the Development of Rural Finance in Vietnam.” Journal of Economics and Development, 2013. https://doi.org/10.33301/2013.15.01.06.
Bao, Duong Pham. 2013. “Reviewing the Development of Rural Finance in Vietnam.” Journal of Economics and Development. https://doi.org/10.33301/2013.15.01.06.
@article{bao-2013-reviewing-development-rural-finance-vietnam,
title = {Reviewing the Development of Rural Finance in Vietnam},
author = {Duong Pham Bao},
journal = {Journal of Economics and Development},
year = {2013},
doi = {10.33301/2013.15.01.06},
url = {https://doi.org/10.33301/2013.15.01.06}
}
TY - JOUR TI - Reviewing the Development of Rural Finance in Vietnam AU - Duong Pham Bao JO - Journal of Economics and Development PY - 2013 DO - 10.33301/2013.15.01.06 UR - https://doi.org/10.33301/2013.15.01.06 ER -