Government credit programs: Justification, benefits, and costs

cg.creator.identifierMark Rosegrant: 0000-0001-6371-6127
cg.identifier.projectIFPRI - Archive
cg.placeBaltimore, Marylanden
cg.reviewStatusPeer Reviewen
dc.contributor.authorRosegrant, Mark W.en
dc.contributor.authorSiamwalla, Ammaren
dc.date.accessioned2024-11-21T09:53:40Zen
dc.date.available2024-11-21T09:53:40Zen
dc.identifier.urihttps://hdl.handle.net/10568/161131
dc.titleGovernment credit programs: Justification, benefits, and costsen
dcterms.abstractSubsidized 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.en
dcterms.accessRightsOpen Access
dcterms.bibliographicCitationRosegrant, 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/10568/161131en
dcterms.issued1988
dcterms.languageen
dcterms.publisherInternational Food Policy Research Instituteen
dcterms.replaceshttps://ebrary.ifpri.org/digital/collection/p15738coll2/id/129562en
dcterms.subjectfood pricesen
dcterms.subjectdeveloping countriesen
dcterms.subjectagricultural pricesen
dcterms.typeBook Chapter

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