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Lending Costs And Rural Development In An Ldc Setting: Is Cheap Credit Really Cheap?

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  • Graham, Douglas H.
  • Cuevas, Carlos E.

Abstract

The contrast in lending costs for a public and a private sector bank servicing agriculture in an LDC setting illustrates that cheap lines of credit from external donors are not cheap. Results underscore the need to reevaluate policies to make a positive contribution to institutional viability or accept permanent subsidization.

Suggested Citation

  • Graham, Douglas H. & Cuevas, Carlos E., 1983. "Lending Costs And Rural Development In An Ldc Setting: Is Cheap Credit Really Cheap?," 1983 Annual Meeting, July 31-August 3, West Lafayette, Indiana 279108, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea83:279108
    DOI: 10.22004/ag.econ.279108
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    References listed on IDEAS

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    1. Saito, Katrine Anderson & Villanueva, Delano P, 1981. "Transaction Costs of Credit to the Small-Scale Sector in the Philippines," Economic Development and Cultural Change, University of Chicago Press, vol. 29(3), pages 631-640, April.
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