The non-developmental use of external debt creates macroeconomic instability which results in massive unemployment, poverty, inflation, and political any country. present study is focused on historical perspective Pakistan. This found that the leadership Pakistan has heavily borrowed without considering its sustainability repayment capacity. On basis systematic literature review past studies, k...

In this paper, we study the effect of legal reforms and institutional changes on credit market development and the low level of unpaid debt in the Chilean banking sector. Using time series data on yearly basis (1960-1997), we conclude that both information sharing and deep financial market liberalization during the seventies are positively related to the credit market development. Moreover, usi...

Repayment versus Investment Conditions and Exclusivity in Lending Contracts Lenders condition future loans on some index of past performance. Typically, banks condition future loans on repayments of earlier obligations whilst international organizations (official lenders) condition future loans on the implementation of some policy action (‘investment’). We build an agency model that accounts fo...

Previous studies suggest that a college degree is the great equalizer leveling playing field. However, rapidly growing educational debt of graduates might restrict their life chances throughout adulthood, particularly for those raised in socioeconomically disadvantaged families. This study uses data from National Survey College Graduates to examine whether parents’ socioeconomic status related ...

Abstract Subject and purpose of work: The paper focuses on the problems faced by farmers in obtaining repaying loans from institutional non-institutional sources. Materials methods: study was conducted Haryana state, India. It based a field survey involving 600 farmers. Proportionate sampling technique employed pre-tested schedules were filled during vis-a-vis interviews. Results: T he f inding...

Credit granting businesses face a challenging environment due to the wide variety of customer behaviors. While only some customers use their credit and pay regularly, a larger percentage may hardly use their available credit. As a key risk management issue, small percentages of customers become delinquent in their payments, and others become bankrupt, requiring write-off. As a business decides ...