Constraints to agricultural finance in underdeveloped and developing countries: a systematic literature review
Agricultural finance plays a pivotal role in facilitating the modernization and commercialization of farming practices and bolstering global food security. However, the provision of sustainable financial services in remote regions poses a significant challenge within the developing and underdevelope...
Saved in:
| Main Authors: | , , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2024-12-01
|
| Series: | International Journal of Agricultural Sustainability |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/14735903.2024.2329388 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1841557205127528448 |
|---|---|
| author | Farman Ullah Khan Muhammad Nouman Lucia Negrut Junaid Abban Laura Mariana Cismas Muhammad Fahad Siddiqi |
| author_facet | Farman Ullah Khan Muhammad Nouman Lucia Negrut Junaid Abban Laura Mariana Cismas Muhammad Fahad Siddiqi |
| author_sort | Farman Ullah Khan |
| collection | DOAJ |
| description | Agricultural finance plays a pivotal role in facilitating the modernization and commercialization of farming practices and bolstering global food security. However, the provision of sustainable financial services in remote regions poses a significant challenge within the developing and underdeveloped countries. Consequently, farmers often grapple with inadequate access to formal credit sources and essential productive assets due to diverse constraints. Although, several studies have investigated constraints to agriculture finance; the literature is divergent and a holistic framework of constraints to agriculture finance is missing. Therefore, this research explores the constraints to agriculture finance in 31 developing and underdeveloped countries using systematic review approach, and synthesizes a holistic framework of the constraints using Qualitative Evidence Synthesis (QES) method that can be used as dependable framework for conceptualization and policy formation. Moreover, it describes the interplay and mutual reinforcement between the challenges faced by different stakeholders to elaborate how they influence each other in complex ways. Additionally, this study suggests a collective and multi-faceted approach for overcoming barriers to agricultural financing, and highlights the limitations and unintended consequences of agricultural credit and its implications for agricultural sustainability. |
| format | Article |
| id | doaj-art-0572b4762dd44ab9a0aa72e06b1c75ac |
| institution | Kabale University |
| issn | 1473-5903 1747-762X |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | International Journal of Agricultural Sustainability |
| spelling | doaj-art-0572b4762dd44ab9a0aa72e06b1c75ac2025-01-06T14:27:41ZengTaylor & Francis GroupInternational Journal of Agricultural Sustainability1473-59031747-762X2024-12-0122110.1080/14735903.2024.2329388Constraints to agricultural finance in underdeveloped and developing countries: a systematic literature reviewFarman Ullah Khan0Muhammad Nouman1Lucia Negrut2Junaid Abban3Laura Mariana Cismas4Muhammad Fahad Siddiqi5Department of Management, Xi’an Jiaotong University City College, Xi’an, People’s Republic of ChinaInstitute of Business and Management Sciences (IBMS), The University of Agriculture Peshawar, Peshawar, PakistanFaculty of Economics and Business Administration, West University of Timisoara, Timisoara, RomaniaInstitute of Business and Management Sciences (IBMS), The University of Agriculture Peshawar, Peshawar, PakistanFaculty of Economics and Business Administration, West University of Timisoara, Timisoara, RomaniaInstitute of Business and Management Sciences (IBMS), The University of Agriculture Peshawar, Peshawar, PakistanAgricultural finance plays a pivotal role in facilitating the modernization and commercialization of farming practices and bolstering global food security. However, the provision of sustainable financial services in remote regions poses a significant challenge within the developing and underdeveloped countries. Consequently, farmers often grapple with inadequate access to formal credit sources and essential productive assets due to diverse constraints. Although, several studies have investigated constraints to agriculture finance; the literature is divergent and a holistic framework of constraints to agriculture finance is missing. Therefore, this research explores the constraints to agriculture finance in 31 developing and underdeveloped countries using systematic review approach, and synthesizes a holistic framework of the constraints using Qualitative Evidence Synthesis (QES) method that can be used as dependable framework for conceptualization and policy formation. Moreover, it describes the interplay and mutual reinforcement between the challenges faced by different stakeholders to elaborate how they influence each other in complex ways. Additionally, this study suggests a collective and multi-faceted approach for overcoming barriers to agricultural financing, and highlights the limitations and unintended consequences of agricultural credit and its implications for agricultural sustainability.https://www.tandfonline.com/doi/10.1080/14735903.2024.2329388Agricultural financeagricultural creditconstraintssystematic literature reviewdeveloping and underdeveloped countries |
| spellingShingle | Farman Ullah Khan Muhammad Nouman Lucia Negrut Junaid Abban Laura Mariana Cismas Muhammad Fahad Siddiqi Constraints to agricultural finance in underdeveloped and developing countries: a systematic literature review International Journal of Agricultural Sustainability Agricultural finance agricultural credit constraints systematic literature review developing and underdeveloped countries |
| title | Constraints to agricultural finance in underdeveloped and developing countries: a systematic literature review |
| title_full | Constraints to agricultural finance in underdeveloped and developing countries: a systematic literature review |
| title_fullStr | Constraints to agricultural finance in underdeveloped and developing countries: a systematic literature review |
| title_full_unstemmed | Constraints to agricultural finance in underdeveloped and developing countries: a systematic literature review |
| title_short | Constraints to agricultural finance in underdeveloped and developing countries: a systematic literature review |
| title_sort | constraints to agricultural finance in underdeveloped and developing countries a systematic literature review |
| topic | Agricultural finance agricultural credit constraints systematic literature review developing and underdeveloped countries |
| url | https://www.tandfonline.com/doi/10.1080/14735903.2024.2329388 |
| work_keys_str_mv | AT farmanullahkhan constraintstoagriculturalfinanceinunderdevelopedanddevelopingcountriesasystematicliteraturereview AT muhammadnouman constraintstoagriculturalfinanceinunderdevelopedanddevelopingcountriesasystematicliteraturereview AT lucianegrut constraintstoagriculturalfinanceinunderdevelopedanddevelopingcountriesasystematicliteraturereview AT junaidabban constraintstoagriculturalfinanceinunderdevelopedanddevelopingcountriesasystematicliteraturereview AT lauramarianacismas constraintstoagriculturalfinanceinunderdevelopedanddevelopingcountriesasystematicliteraturereview AT muhammadfahadsiddiqi constraintstoagriculturalfinanceinunderdevelopedanddevelopingcountriesasystematicliteraturereview |