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
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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 |
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Subject |
Basics; non-basics; interest rates
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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.
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Publisher |
Philippine Review of Economics
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Contributor |
—
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Date |
2004-12-30
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/174
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Source |
Philippine Review of Economics; Vol 41, No 2 (2004)
1655-1516 |
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Language |
eng
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Relation |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/174/581
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Rights |
Copyright (c) 2017 Philippine Review of Economics
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