Lending to the rural poor in developing economies, although crucial from the perspective of poverty management, is often subjected to severe informational problems. The literature on group lending with joint liability attempts to resolve these problems by making failure more costly for the...

Purpose – This paper aims to offer a theory on optimal group size. To overcome the problems of institutional credit facilities to the poor and marginal people, Joint Liability Group Lending (JLGL) is often considered as a better option. However, the literature in the field is surprisingly...

With the opening up of trade in health services under the General Agreement on Trade in Services (GATS), India is finding herself in an advantageous position in terms of reaping the benefit of this enhanced global connectivity. Here, the presence of a sizeable middle class in urban areas,...