LENDING COSTS AND RURAL DEVELOPMENT IN AN LDC SETTING: IS CHEAP CREDIT REALLY CHEAP?

Douglas H. Graham and Carlos E. Cuevas

No 279108, 1983 Annual Meeting, July 31-August 3, West Lafayette, Indiana from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The contrast in lending costs for a public and a private sector bank servicing agriculture in an LDC setting illustrates that cheap lines of credit from external donors are not cheap. Results underscore the need to reevaluate policies to make a positive contribution to institutional viability or accept permanent subsidization.

Keywords: Community/Rural/Urban Development; Demand and Price Analysis (search for similar items in EconPapers)
Pages: 14
Date: 1983-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea83:279108

DOI: 10.22004/ag.econ.279108

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