MANDATORY CREDIT ALLOCATION AND GOVERNMENT GUARANTEE IN THE PHILIPPINES

Mandatory credit allocation is a policy intervention to pressure banks to lend to certain sectors that otherwise unfettered finance would not give access to. While some would argue that mandatory credit allocation results in sub-optimal allocation of resources, it has been shown that such intervent...

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Bibliographic Details
Main Author: Luis Dumlao
Format: Article
Language:English
Published: FINTECH Alliance LLC 2024-04-01
Series:Фінансово-кредитна діяльність: проблеми теорії та практики
Subjects:
Online Access:https://fkd.net.ua/index.php/fkd/article/view/4322