Credit for agriculture during the transition

Petranov, Stefan and Roussinov, Kiril (1993): Credit for agriculture during the transition. Published in: (June 1994): pp. 375-401.

Abstract

Since the beginning of the economic reform in Bulgaria, the flows of credit to agriculture have decreased. Some of the difficulties in the credit market for agriculture have the characteristics of market failures. On this basis, the case for government intervention is assessed.

• Item Type: MPRA Paper
• Language: English
• Keywords: transition, agriculture, credit policy, economic reforms
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q1 - Agriculture > Q14 - Agricultural Finance; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q1 - Agriculture > Q18 - Agricultural Policy ; Food Policy

References

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Berov, L., 1992, Traditions and Opportunities for Agricultural Credit in Bulgaria, Bank Revue, No 1.

Calvo, G., J. Frenkel, 1991, Credit Markets, Credibility, and Economic Transformation, Journal of Economic Perspectives, No 4.

Guinnane, T., 1993, Cooperatives as Lending Machines: The Lending Practices of German Agricultural Credit Cooperatives, 1883-1914, Yale University, Economic Growth Center, Discussion Paper No 699.

Layard, P.R.G., Walters, A. A., 1987, Microeconomic Theory, McGraw-Hill Book Company, New York.

Petranov, S., Roussinov, K., 1993, A Model for Estimating the Aggregate Cash Flow in Agriculture, APAU, Working Paper No3, Ministry of Agriculture, Sofia, Bulgaria.