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Chapter 12Rural Development and Microfinance

Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.

Chinese Proverb

Relevance, Rationale, and Context

Rural development occupies a central place in the literature on development for a number of reasons. An overwhelmingly large percentage of the population of developing countries (DCs) lives in the rural areas. Despite increasing migration from the rural to urban centers, this body of migrants has close ties with their places of origins and is affected by ...

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