In this comparative study of programmes against poverty in developing countries, the authors argue that building sustainable, target group-oriented financial institutions is important and feasible and that it is likely to have greater development impact than the channelling of external funds to poor target groups.

Jan Pieter Krahnen (Author) , Reinhard H. Schmidt (Author)

Finance and development; on the dualistic structure of the financial system; institutional analysis; institution building; summary and outlook.