Conroy, John2013-03-282013-03-282005-01https://hdl.handle.net/10986/13027This 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.en-USCC BY 3.0 IGOACCEPTABLE COLLATERALACCESS TO FINANCEACCESS TO FINANCIAL SERVICESACCOUNTINGADBAFFILIATESARREARSAUDITINGAVAILABILITY OF CREDITBALANCE SHEETSBANK CHARGESBANK CREDITBANK DEPOSITBANK DEPOSITSBANK LENDERSBANK LENDINGBANK LOANSBANKING SECTORBANKING SERVICESBANKING SYSTEMBANKRUPTCYBANKRUPTCY LEGISLATIONBORROWINGBUSINESS ACTIVITYBUSINESS COMMUNITYBUSINESS DEVELOPMENTBUSINESS DEVELOPMENT CENTERSBUSINESS ENTERPRISESBUSINESS FAILUREBUSINESS LENDINGBUSINESS LICENSESBUSINESS PLANNINGBUSINESS PLANSCAPITAL STOCKCAPITALSCIVIL SERVICECOLLATERALCOMMERCIAL BANKCOMMERCIAL BANKINGCOMMERCIAL BANKSCOMMERCIAL LENDERSCONSUMER CREDITCONSUMER FINANCECONTRACT ENFORCEMENTCOOPERATIVESCREDIT CAPACITYCREDIT FACILITIESCREDIT GUARANTEESCREDIT PRODUCTSCREDIT REGISTRYCREDIT SCHEMESCREDIT UNIONCREDIT UNIONSCREDITORCREDITSCUSTOMER BASEDEBTDEMAND DEPOSITSDEMAND FOR CREDITDEMAND FOR SAVINGSDEPOSITDEPOSIT ACCOUNTSDEPOSITORSDEVELOPMENT BANKDISTRIBUTION OF INCOMEDIVERSIFICATIONECONOMIC ACTIVITIESECONOMIC ACTIVITYECONOMIC DEVELOPMENTECONOMIC POLICYELECTRONIC FUNDSELECTRONIC FUNDS TRANSFEREMPLOYMENT OPPORTUNITIESEMPOWERMENTENTERPRISE DEVELOPMENTENTREPRENEURIAL CAPACITYENTREPRENEURSENTREPRENEURSHIPEQUITY INVESTOREXCESS DEMANDEXCHANGE RATEEXPENDITUREEXPENDITURESFACILITATIONFAMILY RESOURCESFARM ENTERPRISESFINANCE COMPANIESFINANCIAL ACCESSFINANCIAL ASSETSFINANCIAL DEPTHFINANCIAL EXCLUSIONFINANCIAL ILLITERACYFINANCIAL INFRASTRUCTUREFINANCIAL INSTITUTIONSFINANCIAL INTERMEDIATIONFINANCIAL LITERACYFINANCIAL PRODUCTFINANCIAL PRODUCTSFINANCIAL SECTOR DEVELOPMENTFINANCIAL SECTOR POLICYFINANCIAL SERVICEFINANCIAL SERVICE PROVIDERSFINANCIAL SERVICESFINANCIAL SYSTEMFINANCIAL SYSTEMSFISCAL DISCIPLINEFISCAL POLICYFOREIGN ASSETSFOREIGN EXCHANGEFORMAL ECONOMYFORMAL FINANCIAL SERVICESGOVERNMENT POLICYHOUSEHOLDSHOUSINGINCOME-GENERATING ACTIVITIESINFLATIONINFLATION RATESINFORMAL ECONOMIC ACTIVITYINFORMAL ECONOMIESINFORMAL ECONOMYINFORMATION SHARINGINSTITUTIONAL DEVELOPMENTINSURANCEINTEREST RATEINTEREST RATESINTERNATIONAL FINANCEJOB CREATIONLABOR MARKETLACK OF ACCESSLEGAL BARRIERLEGAL FRAMEWORKLEGAL TENDERLENDERLENDERSLENDING INSTITUTIONSLIMITED ACCESSLINE OF CREDITLOANLOAN APPLICATIONLOAN APPLICATIONSLOAN CATEGORYLOAN CONTRACTSLOAN PORTFOLIOSLOAN PROVISIONINGLOAN SIZELOAN SIZESLOANABLE FUNDSMARKETABLE SURPLUSMARKETABLE SURPLUSESMERCHANTSMFIMFISMICRO ENTERPRISESMICRO-ENTERPRISEMICRO-ENTERPRISESMICRO-ENTREPRENEURSMICRO-FINANCIAL SERVICESMICRO-LENDINGMICRO-LOANSMICROFINANCEMICROFINANCE INSTITUTIONMICROFINANCE INSTITUTIONSMONEY TRANSFERMONEY TRANSFERSMORAL HAZARDNET SAVINGSNEW ENTRANTSOPERATING COSTOPPORTUNITIES FOR WOMENOUTREACHOVERHEAD COSTSPAWNPAWNSHOPSPAYMENTS SERVICESPOLICY ENVIRONMENTPOSTAL BANKPOSTAL BANKINGPREJUDICESPRICE STABILITYPRIVATE BANKSPRIVATE INVESTMENTPRIVATE SAVINGSPRIVATE SECTOR BANKPRODUCTIVITYPROFITABILITYPROPERTY RIGHTSPUBLIC POLICYRATES OF INTERESTREMITTANCEREMITTANCESREPAYMENTREPAYMENTSRETAIL BANKINGRISK MANAGEMENTRURAL BANKSSAVINGSSAVINGS ACCOUNTSAVINGS ACCOUNTSSAVINGS SCHEMESSAVINGS SERVICESMALL BUSINESSSMALL ENTERPRISESMALL ENTERPRISESSOLVENCYSOURCES OF CREDITSOURCES OF FINANCESOURCES OF INCOMESTART-UPSSTARTUP CAPITALSTATE BANKINGSTATE BANKSTECHNICAL ASSISTANCETIME DEPOSITSTRADE FINANCINGTRANSACTION COSTSTRANSPORTUNEMPLOYMENTURBAN AREASURBAN ECONOMYURBAN GROWTHURBANIZATIONVENTURE CAPITALVILLAGEVILLAGESWAGESWORKING CAPITALWorld Bank10.1596/13027