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Overview page. Subjects: Financial Institutions and Services.

A loan or an issue of securities with no amortization (cf. balloon; purchase fund; serial security; sinking fund). Sometimes seen written as bullit. See straight (cf. plain vanilla).

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Microfinance and the challenge of financial inclusion for development

Jayati Ghosh.

in Cambridge Journal of Economics

November 2013; p ublished online September 2013 .

Journal Article. Subjects: Banking; Economic Development. 8911 words.

This article provides a review of the recent literature on microfinance in developing countries and a critical assessment of its effectiveness. It examines the experience of India, which...

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Index Insurance Quality and Basis Risk: Evidence from Northern Kenya

Nathaniel D. Jensen, Christopher B. Barrett and Andrew G. Mude.

in American Journal of Agricultural Economics

October 2016; p ublished online July 2016 .

Journal Article. Subjects: Information, Knowledge, and Uncertainy; Economic Development; Agricultural Economics. 10573 words.

The number of index insurance pilots in developing countries has grown tremendously in recent years, but there has been little progress in our understanding of the quality of those...

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