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Formal and Informal Credit Markets in Egypt

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  • Peter Wright
  • Mahmud Mohieldin,

Abstract

This paper examines empirically the markets for formal and informal credit in Egypt. Using a dataset specifically collected for the purpose, it examines what factors determine whether or not a person borrows from the informal sector using a probit analysis. The paper then conducts a similar exercise for the informal financial sector and seeks to examine whether any link between borrowing in the formal and the informal financial sectors exists. Conclusions are then drawn as to the role of informal financial markets in the development process.
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Peter Wright & Mahmud Mohieldin,, "undated". "Formal and Informal Credit Markets in Egypt," Discussion Papers 96/2, University of Nottingham, CREDIT.
    • Handle: RePEc:not:notcre:96/2
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