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The Keynesian Prescription
The Discovery of Financial Repression
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ACPC Agricultural Credit Policy agricultural productivity allocations analysts and academicians Anti-Usury Law availability of credit bankers basic borrow capital market Central Bank Chile clientele comparative advantage CONSTRAINED controlled low-interest rate cooperative bank Credit Policy Council crop insurance developing nations economic liberalization financial intermediaries financial liberalization financial repression financially-repressed economies formal banking system Fundamentals of Development Gonzalez-Vega government intervention guarantee agencies Guarantee and Loan high reserve requirement implemented Industrial Guarantee INFORMAL FINANCIAL MARKET initiated insurance systems investment Keynesian prescription liberalization process Llanto Loan Fund loanable funds longer-term low-interest rate policies macroeconomic McKinnon monetary one-bank one-town package of financial PAPER SERIES percent PHILIPPINE EXPERIENCE Philippine financial system Philippine government political and economic process of financial projects quotas real deposit rate rediscount regulations regulatory structure REPRESSION Financial Rural Banks savings deposits seed funding facilities self-finance Shaw-McKinnon specialized lending programs stimulate strategy of financial subsidies supply-leading targeted Tobin Tolentino U.S. government viable