Public Intervention on the Credit Market: French Case
We examine, both from a descriptive and a theoretical point of view, two of the most interesting particular features of the public interventions on the credit market in France: the insurance against default risk provided by a (partly) public agency (called SOFARIS) for the credit distributed to small businesses; the use of tax-exempt saving accounts to finance the loans made to the social (low-income and low-rent) housing sector (to the public or private entities investing in such housing programs, called "HLM").
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|Date of creation:||1996|
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