Undermining Rural Development With Cheap Credit - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Undermining Rural Development With Cheap Credit write by Dale W Adams. This book was released on 2021-11-28. Undermining Rural Development With Cheap Credit available in PDF, EPUB and Kindle. Originally published in 1985, twenty-three chapters are brought together in 4 parts dealing with, respectively, problems in rural finance, interest rate policies, politics and finance, and new directions for rural financial markets. In an introduction it is argued that cheap and abundant credit is often regarded as essential for rural development but that actions taken on the basis of this assumption have given disappointing results. Low-interest policies and the improper use of financial markets are seen as the principal reasons for this. It is recommended that higher and more flexible interest rates are allowed and that little or no attention is given to target loans. Informal lenders are thought to offer valuable services therefore they should not be discouraged. More emphasis should be put on voluntary savings mobilization and access to formal loans by non-farm rural firms. It is concluded that many traditional agricultural credit programmes are counterproductive and that attractive product and input prices together with higher yields would be more powerful in stimulating agricultural development.
Undermining Rural Development With Cheap Credit
Undermining Rural Development With Cheap Credit - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Undermining Rural Development With Cheap Credit write by Dale W Adams. This book was released on 2021-11-28. Undermining Rural Development With Cheap Credit available in PDF, EPUB and Kindle. Originally published in 1985, twenty-three chapters are brought together in 4 parts dealing with, respectively, problems in rural finance, interest rate policies, politics and finance, and new directions for rural financial markets. In an introduction it is argued that cheap and abundant credit is often regarded as essential for rural development but that actions taken on the basis of this assumption have given disappointing results. Low-interest policies and the improper use of financial markets are seen as the principal reasons for this. It is recommended that higher and more flexible interest rates are allowed and that little or no attention is given to target loans. Informal lenders are thought to offer valuable services therefore they should not be discouraged. More emphasis should be put on voluntary savings mobilization and access to formal loans by non-farm rural firms. It is concluded that many traditional agricultural credit programmes are counterproductive and that attractive product and input prices together with higher yields would be more powerful in stimulating agricultural development.
Limitations of Cheap Credit in Promoting Rural Development
Limitations of Cheap Credit in Promoting Rural Development - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Limitations of Cheap Credit in Promoting Rural Development write by Economic Development Institute (Washington, D.C.). This book was released on 1983. Limitations of Cheap Credit in Promoting Rural Development available in PDF, EPUB and Kindle.
Limitations of Cheap Credit in Promoting Rural Development
Limitations of Cheap Credit in Promoting Rural Development - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Limitations of Cheap Credit in Promoting Rural Development write by Economic Development Institute (Washington, D.C.). This book was released on 1983. Limitations of Cheap Credit in Promoting Rural Development available in PDF, EPUB and Kindle.
Financial Landscapes Reconstructed
Financial Landscapes Reconstructed - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Financial Landscapes Reconstructed write by F. J. A. Bouman. This book was released on 2019-03-11. Financial Landscapes Reconstructed available in PDF, EPUB and Kindle. The past few decades have seen special and changing emphasis in policy frameworks of rural financial intermediation in developing countries, varying from the distribution of cheap credit via specialized farm credit institutions, to the building of linkages between banks and savings groups, to attempts to use traders or NGOs as new conduits of lending. The destructive impact of cheap credit programs on rural financial markets has been the subject of two conferences organized by the Ohio State University in the USA in 1976 and 1981, in conjunction with the Agency for International Development and the World Bank. They resulted in a collection of readings edited by J.D. Von Pischke, Dale W Adams and Gordon Donald, Rural Financial Markets in Developing Countries (Baltimore: Johns Hopkins Press 1983), followed by Undermining Rural Development With Cheap Credit, edited by Dale W Adams, Douglas H. Graham and J.D. Von Pischke (Boulder: Westview Press 1984). Acknowledging the increasing interest of researchers and policymakers in the roles and uses of informal financial intermediaries, the Ohio State University subsequently organized a Seminar in Washington, D.C., in 1989 that produced Informal Finance in LowIncome Countries, edited by Dale W Adams and Delbert A. Fitchett (Boulder: Westview Press 1992).
