Policy Choices and Challenges in Expanding Access to Finance for Growth in Rural Nigeria

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Date

2011-12

Journal Title

Journal ISSN

Volume Title

Publisher

Central Bank of Nigeria

Abstract

Access to finance, in general, is fundamental to growth and development. A well-functioning financial market assists in channeling funds to their most productive uses, and allocates risks to those who can best bear it. An efficient financial sector that responds to the needs of the private sector increases investment, enhances economic growth, creates job opportunities and improves income distribution.

Description

Keywords

Policy choices, Access to finance, Finance, Economic Growth, Rural Nigeria, Economic Development

Citation

Akinlo, Anthony E. (2011) Policy Choices and Challenges in Expanding Access to Finance for Growth in Rural Nigeria. Economic and Financial Review, 49 (4), 77 - 89.