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Credit markets, wealth and endowments in rural South India (Английский)

The seasonality and variability of agricultural production render the demand for and supply of credit of particular importance in agricultural settings. This paper discusses how incentives and information problems combined with the material features of agriculture affect the existence and nature of rural credit markets and how credit market problems are manifested in other factor markets. By focusing on the interrelationships among debt, wealth, borrowing...
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