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Contribution Details
| Type | Journal Article |
| Scope | Discipline-based scholarship |
| Title | Value chain microfinance |
| Organization Unit | |
| Authors |
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| Item Subtype | Original Work |
| Refereed | Yes |
| Status | Published in final form |
| Language |
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| Journal Title | Oxford Review of Economic Policy |
| Publisher | Oxford University Press |
| Geographical Reach | international |
| ISSN | 0266-903X |
| Volume | 40 |
| Number | 1 |
| Page Range | 160 - 175 |
| Date | 2024 |
| Abstract Text | We study the provision of financial services to small firms, consumers, and workers in developing countries as part of value chain relationships: value chain microfinance (VCMF). We first explore how VCMF can both overcome barriers to financial access—including asymmetric information, enforcement, and behavioural biases—and strengthen value chains, but also how it can introduce new challenges. We then review a recent empirical literature at the intersection of value chains and microfinance, studying the demand for and effects of VCMF in credit, insurance, and savings markets. We conclude by highlighting promising directions for future work. |
| Digital Object Identifier | 10.1093/oxrep/grad052 |
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| Keywords | Management, monitoring, policy and law, economics and econometrics |