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	Provedor de dados 31 (1) Autor Lerman, Zvi (1) Sedik, David J. (1) Palavra-chave Agricultural Finance (1) Agricultural reforms (1) CIS (1) Farm debt (1) Farm restructuring (1) G300 (1) Institutional and Behavioral Economics (1) Israel (1) P210 (1) P320 (1) Q140 (1) Tajikistan (1) Transition economies (1) Mais... Tipo do documento Conference Paper or Presentation (1) Ano 2009 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Farm debt in transition countries: Lessons for Tajikistan 31 Lerman, Zvi; Sedik, David J.. Farms in Tajikistan currently face a severe debt crisis that has been caused by a combination of two factors typical of such situations in many countries: (a) the inability of the farms to make a profit under current conditions and (b) continued lending by the banks to cotton producers regardless of reduced payment capacity and lack of credit-worthiness. The paper traces the accumulation of farm debt in Tajikistan to pervasive government intervention in both financing and production decisions, which has led to soft budget constraints and moral hazard behavior. The purpose of the paper is to inform the debate around the issue of cotton farm debt in Tajikistan by studying the experience of other countries that had to contend with farm debt overhangs in the... Tipo: Conference Paper or Presentation Palavras-chave: Farm debt; Transition economies; Tajikistan; CIS; Israel; Farm restructuring; Agricultural reforms; Agricultural Finance; Institutional and Behavioral Economics; Q140; P210; P320; G300. Ano: 2009 URL: http://purl.umn.edu/49253 Registros recuperados: 1 Primeira ... 1 ... Última

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