Government credit programs: Justification, benefits, and costs
Subsidized credit programs for agricultural producers have often been used to boost production in less developed countries. The "traditional" views in support of this policy instrument, as summarized by von Pischke, Adams, and Donald (1983), are that credit programs are easier to implement than such...
| Autores principales: | , |
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| Formato: | Capítulo de libro |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
1988
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/161131 |
| _version_ | 1855521478591643648 |
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| author | Rosegrant, Mark W. Siamwalla, Ammar |
| author_browse | Rosegrant, Mark W. Siamwalla, Ammar |
| author_facet | Rosegrant, Mark W. Siamwalla, Ammar |
| author_sort | Rosegrant, Mark W. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Subsidized credit programs for agricultural producers have often been used to boost production in less developed countries. The "traditional" views in support of this policy instrument, as summarized by von Pischke, Adams, and Donald (1983), are that credit programs are easier to implement than such policies as land reform or infrastructure development, that subsidized credit can offset the negative impact on farm income and disincentives of government policies such as overvalued exchange rates and price controls, and that credit programs are necessary to provide capital for adoption of new technology. The informal credit market moneylenders are considered monopolistic, exploitive, and antidevelopmental, and incapable of providing the necessary credit. |
| format | Book Chapter |
| id | CGSpace161131 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 1988 |
| publishDateRange | 1988 |
| publishDateSort | 1988 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1611312025-04-08T18:30:42Z Government credit programs: Justification, benefits, and costs Rosegrant, Mark W. Siamwalla, Ammar food prices developing countries agricultural prices Subsidized credit programs for agricultural producers have often been used to boost production in less developed countries. The "traditional" views in support of this policy instrument, as summarized by von Pischke, Adams, and Donald (1983), are that credit programs are easier to implement than such policies as land reform or infrastructure development, that subsidized credit can offset the negative impact on farm income and disincentives of government policies such as overvalued exchange rates and price controls, and that credit programs are necessary to provide capital for adoption of new technology. The informal credit market moneylenders are considered monopolistic, exploitive, and antidevelopmental, and incapable of providing the necessary credit. 1988 2024-11-21T09:53:40Z 2024-11-21T09:53:40Z Book Chapter https://hdl.handle.net/10568/161131 en Open Access application/pdf International Food Policy Research Institute Rosegrant, Mark W.; and Siamwalla, Ammar. 1988. Government credit programs: Justification, benefits, and costs. In Agricultural price policy for developing countries. Mellor, John W. and Ahmed, Raisuddin (Eds.) Chapter 13. Pp. 219-238. Baltimore, MD: Published for the International Food Policy Research Institute (IFPRI) by Johns Hopkins University Press. https://hdl.handle.net/10568/161131 |
| spellingShingle | food prices developing countries agricultural prices Rosegrant, Mark W. Siamwalla, Ammar Government credit programs: Justification, benefits, and costs |
| title | Government credit programs: Justification, benefits, and costs |
| title_full | Government credit programs: Justification, benefits, and costs |
| title_fullStr | Government credit programs: Justification, benefits, and costs |
| title_full_unstemmed | Government credit programs: Justification, benefits, and costs |
| title_short | Government credit programs: Justification, benefits, and costs |
| title_sort | government credit programs justification benefits and costs |
| topic | food prices developing countries agricultural prices |
| url | https://hdl.handle.net/10568/161131 |
| work_keys_str_mv | AT rosegrantmarkw governmentcreditprogramsjustificationbenefitsandcosts AT siamwallaammar governmentcreditprogramsjustificationbenefitsandcosts |