IDEAS home Printed from https://ideas.repec.org/a/oup/cambje/v14y1990i1p93-108.html
   My bibliography  Save this article

Interest Rates in Backward Agriculture: The Role of Economic and Extra-Economic Control

Author

Listed:
  • Sarap, Kailas

Abstract

This paper examines the nature and roles of personalized control exercised by the rural moneylender over a class of poor borrowers to extract as much as possible in the form of high interest charges and income from undervalued and/or forfeited collaterals. Based on primary survey data from rural India, it analyzes the strategies adopted by the lender, through economic and extra-economic instruments, to enforce the credit contracts to accomplish his goals. It also provides a vivid picture of the variations in the level of interest rates and the reasons for it across a class of borrowers in the sample. Copyright 1990 by Oxford University Press.

Suggested Citation

  • Sarap, Kailas, 1990. "Interest Rates in Backward Agriculture: The Role of Economic and Extra-Economic Control," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 14(1), pages 93-108, March.
  • Handle: RePEc:oup:cambje:v:14:y:1990:i:1:p:93-108
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pal, Debdatta & Laha, Arnab K., 2015. "Sectoral credit choice in rural India," Journal of choice modelling, Elsevier, vol. 14(C), pages 1-16.
    2. Anita Gill, 2006. "Interlinked Agrarian Credit Markets in a Developing Economy: A Case Study of Indian Punjab," Working Papers id:760, eSocialSciences.
    3. Kailas Sarap, 1990. "Factors Affecting Small Farmers' Access to Institutional Credit in Rural Orissa, India," Development and Change, International Institute of Social Studies, vol. 21(2), pages 281-307, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:cambje:v:14:y:1990:i:1:p:93-108. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/cje .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.