In credit policy of a developing country like India, the beneficiaries/receipients from whom the credit is meant,only few big farmers/industrialists avail the same due to stringent rules and regulations attached with it. The banks through whom the credits are supposed to be extended, are generally reluctant to help the poor beneficiaries to avail the benefits. Even they get a fraction of the government aids/grants due to red tapism,corruption embeeded with the existing system.
.High population .Unchecked corruption in government .Poor economic enabling environment .Adoption of inappropriate economic policy measures .Negative attitude towards Technical and vocational studies
because you or roung.
avalibilty of credit and money
Tariff And Import Quota
In most countries, monetary policy is made by the Central Bank, which prints money.
Varun Gauri has written: 'Immunization in developing countries' -- subject(s): Immunization, Medical policy, Social policy
The Optimum Credit Policy is a policy that is applied if you have a near perfect credit rating. Most people strive for an Optimum Credit Policy.
That is a policy goal of preventing more countries from developing or acquiring nuclear weapons. Michael Montagne
V. Vassilev has written: 'Policy in the Soviet Bloc on aid to developing countries'
koiowawa ker
No I do not. Countries should follow their own fiscal policy
S. S. Kothari has written: 'New fiscal and economic strategies for growth in developing countries' -- subject(s): Economic conditions, Fiscal policy 'Reform of fiscal and economic policies for growth in developing countries with special reference to India' -- subject(s): Economic policy, Public Finance, Fiscal policy
Their industries are too weak to compete in the international market.
advantages of credit policy
W EASTERLY has written: 'LOST DECADES: DEVELOPING COUNTRIES STAGNATION IN SPITE OF POLICY REFORM'
Remittances provide the catalyst for financial market and monetary policy development in developing countries. remittances improve credit constraints on the poor, improve the allocation of capital, substitute for the lack of financial development, and thus accelerate economic growth.
what are the merits and demerits of public policy in a developing economies