Rural Lending by Projects: Another Cycle of Unsustainable Interventions in Credit Markets? An Analysis of Case Studies in Central America

Harry Clemens and Cor Wattel

Chapter 13 in Sustainable Agriculture in Central America, 1997, pp 210-230 from Palgrave Macmillan

Abstract: Abstract The sustainability of rural credit programmes arose as a worldwide theme of debate in the 1970s. An emerging body of literature severely criticized the state intervention in rural financial markets, arguing that these interventions hampered financial development and did not reach their objectives of broadening access to credit to the poorer segments of the rural population (for example Adams et al., 1984; Von Pischke, 1991).

Keywords: Interest Rate; Development Bank; Sustainable Programme; Financial Sustainability; Community Bank (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37808-7_13

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DOI: 10.1057/9780230378087_13

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