This article focuses on the prospects of the financial systems approach to development finance to ensure sustainable access to financial services for microentrepreneurs. It discusses three prerequisites for the success of this approach: the continued application of financial liberalisation...

Uttarakhand, in spite of being a small state, has certain key features that make itdistinct from other states of the country and highlights its potential for development.However, development has predominantly been in the plains, and the hill districtshave been left behind. All the hill districts...

This paper argues that it is becoming increasingly difficult for most developing countries to achieve rapid growth through industrialization, and especially through export oriented activities. But the key mechanisms seen as driving the industrial take-off in much of the literature (internal...