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    A critical survey of approaches to the role of credit in smallholder development

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    Date
    10-11-12
    Author
    Von Pischke, J.D.
    Type
    Series paper (non-IDS)
    Metadata
    Show full item record

    URI
    http://erepository.uonbi.ac.ke:8080/handle/123456789/1766
    More info.
    Von Pischke, J.D. (1974) A critical survey of approaches to the role of credit in smallholder development. Working Paper 145, Nairobi: Institute for Development Studies, University of Nairobi
    http://opendocs.ids.ac.uk/opendocs/handle/123456789/396
    323060
    Subject
    Finance
    Agriculture
    Economic Development
    Description
    Recent literature on farm credit in the context of rural development displays an exciting variety of conflicting opinions. The argument that farm credit i3 essential to smallholder development is often couched in terms of the "need" for credit, a concept which is frequently undefined and essentially indefinable. The complexity of the subject is often lost sight of behind such semantic and conceptual shortcuts and the discussion of farm credit's role and potential role in rural development is too often carried on without very much examination of the validity of implicit underlying assumptions. These errors may result in an inefficient use of resources in the agricultural, financial and public sectors, compromising the welfare of borrowers and of the community as a whole. Examples relating to Kenya and nearby countries are incorporated into this critique.
    Rights
    http://creativecommons.org/licenses/by-nc-nd/3.0/

    Institute for Development Studies, University of Nairobi
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    • Institute for Development Studies (IDS) [883]

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