The central purpose of the paper is to analyze various forms of government intervention in the loan market in terms of their effect on efficiency. This provides the essential basis for evaluating and judging these policies. It also shows where earlier policy prescriptions are correct, incomplete or wrong. One of the implications of the paper is that the credit market differs fundamentally from the market for ordinary goods and services. Consequently...
更多显示
详细
-
1981/10/31
-
工作文件（编号系列）
-
SDF71
-
1
-
1
-
2020/05/22
-
Disclosed
-
The nature of credit markets in developing countries : a framework for policy analysis
-
credit market