Rural Microfinance in Argentina: After the Tequila crisis

The banking contraction caused by Argentina’s “Tequila Crisis” (brought on by the devaluation of the Mexican Peso), among other factors, has constrained access to financial services by small, rural producers. Schreiner (Center for Social Development, Washington U. in St. Louis) surveys these factors, describing the ways in which producers use financial services and looking at the current institutional forms of finance supply. He investigates mismatches in finance supply and demand and suggests improvements in the micro and macro structure of the market for long-term access to rural microfinance. Annotation ©2004 Book News, Inc., Portland, OR (booknews.com)