Rural Financial Intermediation: Changing Perceptions - K. P. PadmanabhanPune: Shubhada-Saraswat Publications, 1986, Hardback in Dust Wrapper.
Condition: Good — in Good Dust Wrapper. Dust wrapper wrinkled with a nick to the spine and now taped to the endpapers. Pages very gently age-tanned.
Contains: Ribbon markers ;
From the cover: “This book is a collection of various papers (revised appropriately) published by the Author on Rural Development and Rural Credit in reputed International Journals like Ceres, FAO Review on Agri-culture and Development; Savings and Development of FINAFRICA, Centre for Financial Assistance to African Countries, CARIPLO; Economic Bulletin of United Nations etc.
The Author in his own inimitable way exhorts that time has now come to act effectively to redress the privations of the indigent in the Third World, who have so far been fed on theories and platitudes. His conviction that there is need for a change in the present ‘ethics of consumption’ by privileged minority which pre-empts precious resources to the neglect of large majority is articulated in the book. Providing appropriate environment for productive participation by poor is the crux of balanced development. Rural Financial Intermediation should be perceived as a catalyst against this wider background and not as a ubiquitous sole performer. The book then discusses the various problems and issues in fine-tuning the financial intermediation process and offers suggestions for creating a strong and efficient Rural Financial Markets, citing examples from India.”