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Basics, non-basics, money and credit: a development perspective

Philippine Review of Economics

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Title Basics, non-basics, money and credit: a development perspective
 
Creator Correa, Amelia; Department of Economics, St. Andrew’s College, Bandra (West), Mumbai
Correa, Romar; Department of Economics, St. Andrew’s College, Bandra (West), Mumbai
 
Subject Basics; non-basics; interest rates
 
Description We approach the developing economy through an agriculture/industry and basics/ non-basics demarcation. A Classical-Keynesian rationale for the high interest rates in the country and low interest rates in the town is provided. The institutional requirement is for a strongly inequality-reducing state, intervening in the financing and production of basics and, correspondingly, setting in place disincentives to the production of non-basics.
 
Publisher Philippine Review of Economics
 
Contributor
 
Date 2004-12-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/174
 
Source Philippine Review of Economics; Vol 41, No 2 (2004)
1655-1516
 
Language eng
 
Relation http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/174/581
 
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