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Originally published in 1985, twenty-three chapters are brought together in 4 parts dealing with, respectively, problems in rural　finance, interest rate policies,　politics　and finance, and new directions for rural financial　markets. In an introduction it is argued that cheap and abundant credit is often regarded as essential for　rural development　but that actions taken on the basis of this assumption have given disappointing results. Low-interest policies and the improper use of financial markets are seen as the principal reasons for this. It is recommended that higher and more...