Timor Leste : Access to Finance for Investment and Working Capital

• Tác giả: John Conroy
• Ngôn ngữ: eng
• Ký hiệu phân loại: 959.87 *East Timor formerly 959.86
• Thông tin xuất bản: World Bank, Washington, DC, 2013
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 245258
• Chủ đề: 1. ACCEPTABLE COLLATERAL; 2. ACCESS TO FINANCE; 3. ACCESS TO FINANCIAL SERVICES; 4. ACCOUNTING; 5. ADB

Tóm tắt

This study argues the need for a policy environment supporting both urban informal sector dynamism and rapid transition from subsistence to monetization in agriculture. Such policies must include measures facilitating access to financial services for households, which are the backbone of the informal and subsistence economies. The economy of Timor-Leste is divided between a farm sector in which as many of 80 percent of workers remain, with most of these still dependent on subsistence production, and a non-farm sector in which micro- and small enterprises are an overwhelming majority. Most urban enterprises operate in an informal environment, while in both the farm and non-farm sectors the household is the basic unit of economic activity.