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Book
Rural Banking : The Case of Rural and Community Banks in Ghana.
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Year: 2010 Publisher: Washington, D.C. : The World Bank,

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Abstract

This case study describes the history and business model of the Rural and Community Bank (RCB) network in Ghana, analyzes its performance, identifies key issues, and makes recommendations on the way forward. The study analyzes the service delivery and financial performance of the RCBs. Before the establishment of RCBs in the late 1970s and the subsequent expansion of other service providers into rural areas, access to institutional credit for farm and nonfarm activities was scarce. The main sources of credit were moneylenders and traders that charged very high interest rates. In many rural communities, secure, safe, and convenient savings and payment facilities hardly existed. The first RCB was established in a farming community in the central region of Ghana in 1976. Rural communities showed tremendous interested in the community ownership and management features of RCBs, and by 1984 the number of RCBs reached 106. The introduction of a check payment system for cocoa farmers also spurred the establishment of local banks in many communities. The financial performance of many RCBs started to decline, however, for several reasons, including a drought that affected the country in 1983, weak governing ability, conflicts within boards of directors, and ineffective management in many RCBs. By the end of 2008, 127 RCBs were in operation with a total 584 service outlets. RCBs are regulated by Ghana's central bank, the Bank of Ghana, and thereby form part of the country's regulated financial sector. RCBs are the largest providers of formal financial services in rural areas and represent about half of the total banking outlets in Ghana.


Book
Unfinished Business : Mobilizing New Efforts to Achieve the 2015 Millenium Development Goals.
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Year: 2010 Publisher: Washington, D.C. : The World Bank,

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Abstract

Backed by sound economic policies and until the global crisis, a buoyant global economy, many developing countries made significant movement toward achieving the 2015millennium Development Goals (MDGs), particularly those for poverty reduction, gender parity in education, and reliable access to safe water. But even before the global economic crisis, progress in achieving some MDGs, especially those on child and maternal mortality, primary school completion, hunger, and sanitation, was lagging. The global food, fuel and economic crises have set back progress to the MDGs. An estimated 64 million more people are living on less than USD 1.25/day than there would have been without the crisis. The challenges ahead are achieving the MDGs requires a vibrant global economy, powered by strong, sustainable, multi-polar growth, underpinned by sound policies and reform at the country level; improving access for the poor to health, education, affordable food, trade, finance, and basic infrastructure is key to accelerating progress to the MDGs; developing countries need to continue to strengthen resilience to global volatility in order to protect gains and sustain progress toward the MDGs; the international community must renew its commitment to reach the 'bottom billion', particularly those in fragile and conflict-affected countries; and global support for a comprehensive development agenda including through the G20 process is critical. In the wake of recent global crises, and with the 2015 deadline approaching, business as usual is not enough to meet the MDGs.

Keywords

Access to Health Services --- Accounting --- Adolescent Health --- Capacity Building --- Capital Flows --- Carbon Dioxide --- Child Health --- Child Mortality --- Childbirth --- Climate Change --- Communicable Diseases --- Crime --- Debt --- Developing Countries --- Development Policy --- Disabilities --- Disasters --- Early Child and Children's Health --- Early Childhood Development --- Economic Opportunities --- Education --- Educational Attainment --- Employment Opportunities --- Fertility --- Fertility Rates --- Food Production --- Food Security --- Gender Issues --- Greenhouse Gases --- Gross National Income --- Health Insurance --- Health Monitoring & Evaluation --- Health, Nutrition and Population --- Hospitals --- Human Capital --- Hygiene --- Immunizations --- Income Inequality --- Infant Mortality --- Infrastructure Investment --- Job Creation --- Land Tenure --- Low-Income Countries --- Malaria --- Maternal Health --- Maternal Mortality --- Migrant Workers --- Millennium Development Goals --- Morbidity --- Mortality --- Mortality Rate --- Mosquito Nets --- Natural Disasters --- Natural Resources --- Nurses --- Nutrition --- Official Development Assistance --- Population Growth --- Poverty Reduction --- Productivity --- Public Health --- Remittances --- Reproductive Health --- Rule of Law --- Rural Population --- Rural Poverty Reduction --- Sanitation --- Secondary Education --- Smallholders --- Technical Assistance --- Tuberculosis --- Unemployment --- Universal Primary Education --- Urban Poverty --- Urbanization --- Vaccines --- Violence --- Waste --- Water Pollution --- Water Supply --- Workers

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