On the Iron Law of Interest Rate Restrictions
Author: Claudio González Vega
Publisher:
Published: 1981
Total Pages: 57
ISBN-13:
DOWNLOAD EBOOKRead and Download eBook Full
Author: Claudio González Vega
Publisher:
Published: 1981
Total Pages: 57
ISBN-13:
DOWNLOAD EBOOKAuthor: Claudio González Vega
Publisher:
Published: 1976
Total Pages: 974
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher: World Bank Publications
Published: 1987
Total Pages: 301
ISBN-13: 0195205634
DOWNLOAD EBOOKThis report, consisting of two parts, is the tenth in the annual series assessing development issues. Part I reviews recent trends in the world economy and their implications for the future prospects of developing countries. It stresses that better economic performance is possible in both industrial and developing countries, provided the commitment to economic policy reforms is maintained and reinforced. In regard to the external debt issues, the report argues for strengthened cooperation among industrial countries in the sphere of macroeconomic policy to promote smooth adjustment to the imbalances caused by external payments (in developing countries). Part II reviews and evaluates the varied experience with government policies in support of industrialization. Emphasis is placed on policies which affect both the efficiency and sustainability of industrial transformation, especially in the sphere of foreign trade. The report finds that developing countries which followed policies that promoted the integration of their industrial sector into the international economy through trade have fared better than those which insulated themselves from international competition.
Author: Claudio González Vega
Publisher:
Published: 1976
Total Pages: 932
ISBN-13:
DOWNLOAD EBOOKAuthor: Claudio Gonzalez-Vega
Publisher:
Published: 1982
Total Pages: 29
ISBN-13:
DOWNLOAD EBOOKAuthor: Udo Reifner
Publisher: BoD – Books on Demand
Published: 2012-12-14
Total Pages: 357
ISBN-13: 3848242451
DOWNLOAD EBOOKUsury is the historical denomination of interest rate restrictions. The principle of Usura in the Roman ius communis as well as in canonic law started from the assumption that money lent from others should not bear interest. This is because unless the creditor could prove that the withhold of money caused him damage, money could not create fruits. While the upcoming trade economy developed the idea that the elapsed time between the claim and its fulfillment should be priced with interest, a second principle of interest limitation became important: the laesio enormis: interest rates should be limited to the double of the average. Since consumer credit has spread into the market economy and become a major source of allocating future income to present needs (extended mainly by rationally acting banks), both principles have lost of their impact onto the credit market. But a number of member states have newly introduced rate ceilings. With the financial crisis, the discussion whether interest rates in consumer credit needs more regulation gathered momentum. The present study was commissioned by DG Internal Market. It has two parts: a socio-legal analysis of all forms of direct and indirect limitations for the pricing of credit by the Institute for Financial Services (iff) in Hamburg and an economic part investigating the effects of such restrictions to the consumer credit market by the Center for European Economic Policy (ZEW) in Mannheim. Prof. Dr. Udo Reifner is professor of commercial law at Trento University and research director of the iff. Prof. Dr. Michael Schroeder is professor for Asset Management at the Frankfurt School of Finance & Management and head of the research on \"International Financial Markets and Finance Management” at ZEW.
Author: Dale W Adams
Publisher: Taylor & Francis
Published: 2021-11-28
Total Pages: 337
ISBN-13: 1000002578
DOWNLOAD EBOOKOriginally published in 1985, twenty-three chapters are brought together in 4 parts dealing with, respectively, problems in rural finance, interest rate policies, politics and finance, and new directions for rural financial markets. In an introduction it is argued that cheap and abundant credit is often regarded as essential for rural development but that actions taken on the basis of this assumption have given disappointing results. Low-interest policies and the improper use of financial markets are seen as the principal reasons for this. It is recommended that higher and more flexible interest rates are allowed and that little or no attention is given to target loans. Informal lenders are thought to offer valuable services therefore they should not be discouraged. More emphasis should be put on voluntary savings mobilization and access to formal loans by non-farm rural firms. It is concluded that many traditional agricultural credit programmes are counterproductive and that attractive product and input prices together with higher yields would be more powerful in stimulating agricultural development.
Author: Beatriz Armendariz
Publisher: MIT Press
Published: 2007
Total Pages: 361
ISBN-13: 0262512017
DOWNLOAD EBOOKAn assessment of "the microfinance revolution" from an economics perspective that draws on lessons from academia and international practice to challenge conventional assumptions.
Author: Hollis Chenery
Publisher: Elsevier
Published: 1988
Total Pages: 882
ISBN-13: 9780444703378
DOWNLOAD EBOOKEconomics development-concepts and approaches; structural transformation; human resources and labor markets; planning and resource allocation; international aspects; country experience with development.
Author: Robert E. Evenson
Publisher: Elsevier
Published: 2007-06-28
Total Pages: 847
ISBN-13: 0080545270
DOWNLOAD EBOOKVolume 3 of this series of the Handbooks in Economics follows on from the previous two volumes by focusing on the fundamental concepts of agricultural economics. The first part of the volume examines the developments in human resources and technology mastery. The second part follows on by considering the processes and impact of invention and innovation in this field. The effects of market forces are examined in the third part, and the volume concludes by analysing the economics of our changing natural resources, including the past effects of climate change.Overall this volume forms a comprehensive and accessible survey of the field of agricultural economics and is recommended reading for anyone with an interest, either academic or professional, in this area. *Part of the renown Handbooks in Economics series*Contributors are leaders of their areas*International in scope and comprehensive in coverage