In most emerging markets, the lack of acceptable collateral is often cited as a key constraint on the provision of credit to agriculture. Three main types of collateral are typically used to finance agriculture: farmland, equipment, and agricultural commodities. In many economies, however, the ability to use farmland as collateral is hindered by the absence of land titles or by inefficient land markets. Likewise, mortgaging or leasing out equipment...
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INFORMATION
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2017/06/30
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Document de travail
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117359
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1
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1
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2017/07/12
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Disclosed
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Using commodities as collateral for finance (commodity-backed finance)
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warehouse receipt system