ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Are High Interest Rate Policies Inevitable in LDCs

Inevitable in LDCs?
Deena R Khatkhate This note examines whether the argument that interest rates should he higher in the less developed countries because the marginal productivity of capital is higher has any validity as a basis for pursuing high interest rate policies in these countries.

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Back to Top