Publication: The Power of Collateral : How Problems in Securing Transections Limit Private Credit from Movable Property
Date
1995-04
ISSN
Published
1995-04
Author(s)
Fleisig, Heywood
Abstract
In many developing countries, faulty
laws and regulations make it hard to use livestock,
machines, equipment, standing crops, and other movable
property as collateral. The resulting constraints on access
to credit hurt economies. In Bolivia, for example, a faulty
legal and regulatory framework for the use of movable
property as collateral has led to a loss in GDP estimated at
between 5 and 10 percent. The author explains the problem.
Citation
“Fleisig, Heywood. 1995. The Power of Collateral : How Problems in Securing Transections Limit Private Credit from Movable Property. Viewpoint. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/1fef2075-fbf6-5ef7-83b8-a8b5ec54aefb License: CC BY 3.0 IGO.”
Report Series
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