Understanding of the economic causes and consequences of market failure in credit markets has progressed a great deal in recent years. This article draws on these developments to appraise the case for government intervention in rural financial markets in developing countries and to discover whether the theoretical findings can be used to identify directives for policy. Before debating the when and how of intervention, the article defines market failure...
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INFORMATION
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1994/01/31
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Article de revue
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14090
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1
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1
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1999/09/30
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How do market failures justify interventions in rural credit markets?
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credit market
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