The agricultural sector in developing countries like Nigeria is characterized by low productivity, driven partly by low use of modern agricultural technologies. Poor access to credit is seen as a key barrier to adoption of these technologies. Policy discourses and literature often associate...

The rural e-payment market in China is becoming one of the important topics in the research field because of its contribution to the efficiency of fund flows in the economy. Further development of the rural e-payment market mainly depends on its partners' acceptance. In March 2020, 776.08...

Rural finance and credit services to smallholder farmers are high-risk activities. But there is hope for a boost because rural finance has a pivotal role to play amid rising food prices and the need to increase agricultural production.

A basic theoretical result is that if there is a Pareto-efficient allocation of risk across individual entities (in this case, individual household members) in a risk-sharing arrangement, individual consumption should not be affected by idiosyncratic income shocks. Data and Sample Construction...

The fraction of workers currently covered by minimum wages in Sub-Saharan Africa (SSA) is small, but as formality and urbanization increase, wage regulation will become increasingly relevant. In this analysis, we find that higher minimum wage values are associated with higher levels of GDP per...

Financial market imperfections remain pervasive in developing countries, constraining potentially profitable investment decisions, especially for rural smallholder farmers. Warrantage is an innovative model of rural finance with the potential to overcome credit, storage, and commitment...