In their efforts to achieve this, it is hoped that various market players will generate a range of channels for financial intermediation, and that the financial system as a whole will become more innovative and increasingly robust to external shocks.
Their findings have concluded beyond broad generalizations to show that the poor do not always act in ways that conform to the views and programs of wellmeaning relief agencies, revealing a portrait of poverty as complex as the movements of financial markets. 21. Professor Banerjee will be delivering his lecture today on the topic of “Micro-Credit and Financing of Small Business”.