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Development Banking

M. M. Huq
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M. M. Huq: University of Strathclyde

Chapter 9 in The Economy of Ghana, 1989, pp 181-193 from Palgrave Macmillan

Abstract: Abstract A major characteristic of bank loans in less developed countries (LDCs) is that they are of a short-term nature. This does not go well with the declared objectives of LDC governments to foster development by encouraging investment in projects of medium and long-term duration.

Keywords: Commercial Bank; Shadow Prex; Foreign Exchange Rate; International Development Association; Food Crop Production (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-19749-1_10

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DOI: 10.1007/978-1-349-19749-1_10

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