Bank Support of Bond Issues Critical to RD

Patrick J. Sullivan

Rural America/ Rural Development Perspectives, 1980, vol. 03 RDP, issue 3

Abstract: Excerpts from the article: Commercial bank support of local government bond issues is of prime importance in helping rural communities foster economic growth and development. Rural banks' growing support of the municipal bond market Facilitated rural development efforts during the 1970's. However, there is a limit to the extent that rural banks can support rural municipal bonds. For rapidly growing areas, State or Federal programs aimed at improving the marketability of rural issues may improve the chances of sustained economic growth.

Keywords: Community/Rural/Urban Development; Public Economics (search for similar items in EconPapers)
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersra:310128

DOI: 10.22004/ag.econ.310128

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