Credit Rationing Under a Deregulated Financial System: Rural Finance in the Philippines
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Date
1990-02
Journal Title
Journal ISSN
Volume Title
Publisher
Ohio State University. Department of Agricultural, Environmental, and Development Economics
Abstract
This study analyzed empirical data for evidence of credit rationing in rural financial markets of the Philippines. Quantity rationing of loans is widely practiced by rural banks, while outright loan rejection is prevalent in commercial and private development banks. Collateral is important in the rationing process, creating serious implications for land reform.