A Critique of Traditional Agricultural Credit Projects and Policies
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Publisher:Ohio State University. Department of Agricultural, Environmental, and Development Economics
Series/Report no.:Ohio State University. Department of Agricultural Economics and Rural Sociology. ESO (Economics and Sociology Occasional Paper). No. 621
Authors critique the results, assumptions, and policies commonly associated with agricultural credit projects in low income countries. A summary of new views on these projects is presented. These views emphasize voluntary savings mobilization and positive real rates of interest. Several explanations are given for why few of these new views have been adopted by policymakers.