The Nexus Between Legal Pluralism and Inclusive Finance
This open access book provides detailed information on informal credit markets in Africa and how various legal systems affect these markets. Laws that impose strict formalism exclude many people from the financial system. The lessons learned from the informal credit markets in Ethiopia and South Afr...
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| Médium: | Online |
| Jazyk: | angličtina |
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Springer Nature
2025
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| On-line přístup: | ONIX_20241220_9783031716539_31 |
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| _version_ | 1869527463666647040 |
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| author | Yimer, Gebreyesus |
| author_browse | Yimer, Gebreyesus |
| author_facet | Yimer, Gebreyesus |
| author_sort | Yimer, Gebreyesus |
| collection | Directory of Open Access Books |
| description | This open access book provides detailed information on informal credit markets in Africa and how various legal systems affect these markets. Laws that impose strict formalism exclude many people from the financial system. The lessons learned from the informal credit markets in Ethiopia and South Africa indicate that pluralism offers better opportunities for people to access affordable and sustainable financial services. Inclusive legal systems promote inclusive financial systems. Therefore, international development organisations, financial institutions, international financial policymakers and standard setters should embrace pluralism to foster sustainable, inclusive and equitable financial systems. Pluralism recognises local innovation and creativity, which are vital for inclusive financial systems to flourish. In developing countries, many people who have no or only limited access to the services of official financial institutions often depend on informal credit markets. National law is the most critical element in terms of determining the operations of informal credit markets, defining the boundaries between formal and informal markets, and shaping the consequences of involvement in informal credit markets. This book will interest researchers, scholars, and students in the fields of legal theory, law and society, law and anthropology, legal pluralism, law and culture, and African law. However, its relevance extends beyond academia, offering policymakers involved in inclusive finance, law and development, and financial regulation in developing countries valuable insights and perspectives to inform their decisions and strategies. |
| format | Online |
| id | doab-20.500.12854ir-149961 |
| institution | Directory of Open Access Books |
| language | eng |
| publishDate | 2025 |
| publishDateRange | 2025 |
| publishDateSort | 2025 |
| publisher | Springer Nature |
| publisherStr | Springer Nature |
| record_format | ojs |
| spelling | doab-20.500.12854ir-1499612026-03-19T14:11:28Z The Nexus Between Legal Pluralism and Inclusive Finance Yimer, Gebreyesus Informal Credit Markets Comparative Legal Study Informal Financial Institutions Risk Sharing Mechanisms Informal Credit Markets in Ethiopia Legal Framework for Credits from Family and Friends Cooperatives in Ethiopia Microfinance Institutions Informal Credit Markets in South Africa Unregistered Private Moneylenders Regulation of Informal Credit Markets thema EDItEUR::L Law::LB International law thema EDItEUR::L Law::LA Jurisprudence and general issues::LAM Comparative law thema EDItEUR::L Law::LN Laws of specific jurisdictions and specific areas of law::LNP Financial law: general thema EDItEUR::L Law::LA Jurisprudence and general issues::LAB Methods, theory and philosophy of law thema EDItEUR::L Law::LB International law::LBB Public international law thema EDItEUR::L Law::LB International law::LBB Public international law::LBBM Public international law: economic and trade This open access book provides detailed information on informal credit markets in Africa and how various legal systems affect these markets. Laws that impose strict formalism exclude many people from the financial system. The lessons learned from the informal credit markets in Ethiopia and South Africa indicate that pluralism offers better opportunities for people to access affordable and sustainable financial services. Inclusive legal systems promote inclusive financial systems. Therefore, international development organisations, financial institutions, international financial policymakers and standard setters should embrace pluralism to foster sustainable, inclusive and equitable financial systems. Pluralism recognises local innovation and creativity, which are vital for inclusive financial systems to flourish. In developing countries, many people who have no or only limited access to the services of official financial institutions often depend on informal credit markets. National law is the most critical element in terms of determining the operations of informal credit markets, defining the boundaries between formal and informal markets, and shaping the consequences of involvement in informal credit markets. This book will interest researchers, scholars, and students in the fields of legal theory, law and society, law and anthropology, legal pluralism, law and culture, and African law. However, its relevance extends beyond academia, offering policymakers involved in inclusive finance, law and development, and financial regulation in developing countries valuable insights and perspectives to inform their decisions and strategies. 2025-01-18T10:42:21Z 2025-01-18T10:42:21Z 2024-12-20T10:43:55Z 2025 book ONIX_20241220_9783031716539_31 https://library.oapen.org/handle/20.500.12657/96098 9783031716539 9783031716522 https://directory.doabooks.org/handle/20.500.12854/149961 eng open access image/jpeg image/jpeg n/a n/a https://library.oapen.org/bitstream/20.500.12657/96098/1/9783031716539.pdf https://library.oapen.org/bitstream/20.500.12657/96098/1/9783031716539.pdf Springer Nature Springer Nature Switzerland 10.1007/978-3-031-71653-9 10.1007/978-3-031-71653-9 9fa3421d-f917-4153-b9ab-fc337c396b5a bee2ddfc-1381-4843-b511-0d74c2b11592 7d48738a-6759-43c9-974a-c93e736baeb1 9783031716539 9783031716522 Max Planck Society (MPG) Springer Nature Switzerland 160 Cham [...] Max Planck Society (MPG) MPG 04a0tr310 open access |
| spellingShingle | Informal Credit Markets Comparative Legal Study Informal Financial Institutions Risk Sharing Mechanisms Informal Credit Markets in Ethiopia Legal Framework for Credits from Family and Friends Cooperatives in Ethiopia Microfinance Institutions Informal Credit Markets in South Africa Unregistered Private Moneylenders Regulation of Informal Credit Markets thema EDItEUR::L Law::LB International law thema EDItEUR::L Law::LA Jurisprudence and general issues::LAM Comparative law thema EDItEUR::L Law::LN Laws of specific jurisdictions and specific areas of law::LNP Financial law: general thema EDItEUR::L Law::LA Jurisprudence and general issues::LAB Methods, theory and philosophy of law thema EDItEUR::L Law::LB International law::LBB Public international law thema EDItEUR::L Law::LB International law::LBB Public international law::LBBM Public international law: economic and trade Yimer, Gebreyesus The Nexus Between Legal Pluralism and Inclusive Finance |
| title | The Nexus Between Legal Pluralism and Inclusive Finance |
| title_full | The Nexus Between Legal Pluralism and Inclusive Finance |
| title_fullStr | The Nexus Between Legal Pluralism and Inclusive Finance |
| title_full_unstemmed | The Nexus Between Legal Pluralism and Inclusive Finance |
| title_short | The Nexus Between Legal Pluralism and Inclusive Finance |
| title_sort | nexus between legal pluralism and inclusive finance |
| topic | Informal Credit Markets Comparative Legal Study Informal Financial Institutions Risk Sharing Mechanisms Informal Credit Markets in Ethiopia Legal Framework for Credits from Family and Friends Cooperatives in Ethiopia Microfinance Institutions Informal Credit Markets in South Africa Unregistered Private Moneylenders Regulation of Informal Credit Markets thema EDItEUR::L Law::LB International law thema EDItEUR::L Law::LA Jurisprudence and general issues::LAM Comparative law thema EDItEUR::L Law::LN Laws of specific jurisdictions and specific areas of law::LNP Financial law: general thema EDItEUR::L Law::LA Jurisprudence and general issues::LAB Methods, theory and philosophy of law thema EDItEUR::L Law::LB International law::LBB Public international law thema EDItEUR::L Law::LB International law::LBB Public international law::LBBM Public international law: economic and trade |
| topic_facet | Informal Credit Markets Comparative Legal Study Informal Financial Institutions Risk Sharing Mechanisms Informal Credit Markets in Ethiopia Legal Framework for Credits from Family and Friends Cooperatives in Ethiopia Microfinance Institutions Informal Credit Markets in South Africa Unregistered Private Moneylenders Regulation of Informal Credit Markets thema EDItEUR::L Law::LB International law thema EDItEUR::L Law::LA Jurisprudence and general issues::LAM Comparative law thema EDItEUR::L Law::LN Laws of specific jurisdictions and specific areas of law::LNP Financial law: general thema EDItEUR::L Law::LA Jurisprudence and general issues::LAB Methods, theory and philosophy of law thema EDItEUR::L Law::LB International law::LBB Public international law thema EDItEUR::L Law::LB International law::LBB Public international law::LBBM Public international law: economic and trade |
| url | ONIX_20241220_9783031716539_31 |
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