Agricultural credit under economic liberalization and Islamization in Sudan

dc.contributor.authorElhiraika, Adam B.
dc.contributor.authorAhmed, Sayed A.
dc.date.accessioned2020-11-18T10:43:16Z
dc.date.available2020-11-18T10:43:16Z
dc.date.issued1998-02-05
dc.description.abstractThis study uses survey data to examine the operations of the agrarian credit market, formal and informal, in Sudan under conditions of recent economic liberalization and Islamization; the latter does not allow interest rate fixing. In addition to descriptive analysis, the study specifies and estimates a model of farm household participation in the credit market. The survey results show a substantial increase in formal borrowing in agriculture, but relatively low informal credit. Implicit interest rates are found to be high in the formal segment compared with their previous levels, and the levels of formal and informal agrarian rates of interest are comparable. The research concludes that there is a need for enhanced institutional financial intermediation in the agrarian credit market as well as scope for the promotion of savings and credit associations among farmers.en_US
dc.identifier.urihttps://publication.aercafricalibrary.org/handle/123456789/1240
dc.publisherAfrican Economic Research consortiumen_US
dc.relation.ispartofseriesResearch Paper 79;RP 79
dc.titleAgricultural credit under economic liberalization and Islamization in Sudanen_US
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