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Directed Credit Programs for Agriculture and Industry
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Proceeding of the world bank Anual Confrence on Development Economics (1993)
,
page 113-154.
Topik:
Agriculture and Industry
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
PP7.2
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The motives behind government programs to provide directed credit to agricultural and industry can be tracted to problems of asymmetric inform,ation in capital markets and consequently, to benefits from relaxing information in capital markets and consequently to benefits from relaxing the constraints on financing. in agriculture, directed credit progarams that help famers accumulate sufficient wealth to own the land they cultivate may improve the the allocation of resources. i industry the benefitsof gonvernment credit may include product and factor market externalities, as well as the direct benefits from relaxingf borrowing constraints. In both sectors, government credith can be useful in overcoming obstacles faced by private intermediaries when lending entails initial fixed costs that intermediaries cannot recapture.
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