Documents & Reports

Credit policies : lessons from East Asia (English)


Directed credit programs were a major tool of development in the 1960s and 1970s. In the 1980s, their usefulness was reconsidered. Experience in most countries showed that they stimulated capital-intensive projects, that preferential funds were often ...  See More +


  • Vittas, Dimitri*Yoon Je Cho;
  • 1995/05/31
  • Policy Research Working Paper;
  • WPS1458
  • 1
  • 1
  • JapanKorea, Republic ofIndiaChina
  • East Asia and PacificSouth Asia
  • 2010/07/01
  • Credit policies : lessons from East Asia
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