000			01159pab a2200193 454500
008			180718b2010 xxu||||| |||| 00| 0 eng d
100			_aRoy, Chowdhury, Indrani
245			_aUnderstanding the Grameen miracle: information and organisational innovation
260			_c2010
300			_ap.66-73.
362			_a6 Feb
520			_aA rigorous analysis of the institutional structures underlying Grameen I yields some interesting economic insights. the essential idea is that an appropriate institutional design can help in tapping into the informational pool available at the local level among the borrowers themselves and something that may not be accessible to outsiders. We argue that such simple and unconventional contracts can harness market efficiency, even though formal and conventional contracts may fail to do so. This paper tries to demonstrate how exactly innovative features like joint liability lending, sequential lending, contingent renewal, et. can serve the purpose. - Reproduced.
650			_aPoverty
650			_aCredit
650			_aRural development
773			_aEconomic and Political Weekly
908			_aN
909			_a85694
999			_c85694 _d85694