Avishay, B. and Luis, G.J. (1986) Rural credit markets and institutions in developing countries: lessons for policy analysis from practice and modern theory. World Development, 14 (10-11). pp. 1253-1267.
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Abstract
We present the evidence of government intervention in rural credit markets of LDCs in the past three decades and confront it with modern theory. That evidence shows a significant failure of subsidized credit programs either to achieve an increase of agricultural output cost-effectively or to improve rural income distribution and alleviate poverty. In addition, many of the financial institutions that were created to channel rural credit have been shown to be inept and lacking accountability...
| Item Type: | Article |
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| Author Affiliation: | The World Bank, Washington, D.C., USA |
| Subjects: | Social Sciences > Marketing Social Sciences > Agricultural Economics |
| Divisions: | Other Crops |
| Depositing User: | Ms K Syamalamba |
| Date Deposited: | 28 Oct 2013 09:19 |
| Last Modified: | 28 Oct 2013 09:19 |
| Official URL: | http://dx.doi.org/10.1016/0305-750X(86)90104-X |
| URI: | http://eprints.icrisat.ac.in/id/eprint/12052 |
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