The impact of micro-credit interventions on existing credit markets is theoretically ambiguous. Previous empirical work suggests the entry of a joint-liability lender may lead to a positive impact on the...
This paper evaluates the Malawi's community based rural land development project (CBLDP), which provides a conditional cash and land transfer to a group of families to relocate to larger and more productive...
Studies of risk and its consequences tend to focus on one risk factor, such as a drought or an economic crisis. Yet 2003 household surveys in rural Kilimanjaro and Ruvuma, two cash-crop-growing regions...