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I Fiance Apicultural

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25<br />

regional without higher or lower levels of organization.<br />

ment-spolisored<br />

Third, govern­<br />

specialized developiment banks (sector-specific<br />

sectors) are<br />

or<br />

found<br />

all<br />

in all six regions, including the United<br />

Western<br />

States and<br />

Europe. Foirth, tLec same holds true for commercial<br />

although banks,<br />

nationalized commercial banks ar more common in Asian<br />

LICs and to sone extent in Afiican LICs.<br />

Despite these dii cinces, whether public or privale<br />

form better<br />

RFIs<br />

Cannot<br />

will per­<br />

be judged a priori. I listorical experiences<br />

both have<br />

show<br />

coexisted<br />

that<br />

with sustained governient support of one<br />

aliother.<br />

type or<br />

MorCover, even tIhough there ii ,ay be a need to initiate<br />

1i.1Ifil formal<br />

lnlice t hrou0gl a goveTllnelit dej )a.trtmeni, lollger-lI ll c(OllSi<br />

lionsera­ require that these fitictiozis beI(alsfcrieI to existing<br />

,ilt~oiiious<br />

RFIs or that<br />

):articip;utiv, illstimulions be created with<br />

f<br />

Ilheir<br />

Iaiial<br />

ownI<br />

opeli.aiolns<br />

basic<br />

for ;Igli(.'lllulal dveliiliciir. Such<br />

be veli-lv<br />

RFIs should<br />

icut1g-alt.d,<br />

also<br />

sprcaI 0111 t( cover a lag. imiiicr ofare-as<br />

rural<br />

aiuil<br />

houisholls, :Mil mfiltifiIllctiolial ill tlhiei operaliolls.<br />

chapter<br />

The nex<br />

analyzes specific policies for promoting rrmal RFIs.

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