How Effective are Directed Credit Policies in the United States?

How Effective are Directed Credit Policies in the United States?

Author: Anita M. Schwarz

Publisher: World Bank Publications

Published: 1992

Total Pages: 36

ISBN-13:

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U.S. policy on directed credit has a limited impact on growth - partly because it is oriented more toward equity than growth. U.S. credit programs have generally succeeded in increasing credit to, but not necessarily in increasing investment by, the targeted group.


Book Synopsis How Effective are Directed Credit Policies in the United States? by : Anita M. Schwarz

Download or read book How Effective are Directed Credit Policies in the United States? written by Anita M. Schwarz and published by World Bank Publications. This book was released on 1992 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: U.S. policy on directed credit has a limited impact on growth - partly because it is oriented more toward equity than growth. U.S. credit programs have generally succeeded in increasing credit to, but not necessarily in increasing investment by, the targeted group.


The Federal Reserve System Purposes and Functions

The Federal Reserve System Purposes and Functions

Author: Board of Governors of the Federal Reserve System

Publisher:

Published: 2002

Total Pages: 0

ISBN-13: 9780894991967

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Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.


Book Synopsis The Federal Reserve System Purposes and Functions by : Board of Governors of the Federal Reserve System

Download or read book The Federal Reserve System Purposes and Functions written by Board of Governors of the Federal Reserve System and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.


American Bonds

American Bonds

Author: Sarah L. Quinn

Publisher: Princeton University Press

Published: 2019-07-16

Total Pages:

ISBN-13: 0691185611

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How the American government has long used financial credit programs to create economic opportunities Federal housing finance policy and mortgage-backed securities have gained widespread attention in recent years because of the 2008 financial crisis, but issues of government credit have been part of American life since the nation’s founding. From the 1780s, when a watershed national land credit policy was established, to the postwar foundations of our current housing finance system, American Bonds examines the evolution of securitization and federal credit programs. Sarah Quinn shows that since the Westward expansion, the U.S. government has used financial markets to manage America’s complex social divides, and politicians and officials across the political spectrum have turned to land sales, home ownership, and credit to provide economic opportunity without the appearance of market intervention or direct wealth redistribution. Highly technical systems, securitization, and credit programs have been fundamental to how Americans determined what they could and should owe one another. Over time, government officials embraced credit as a political tool that allowed them to navigate an increasingly complex and fractured political system, affirming the government’s role as a consequential and creative market participant. Neither intermittent nor marginal, credit programs supported the growth of powerful industries, from railroads and farms to housing and finance; have been used for disaster relief, foreign policy, and military efforts; and were promoters of amortized mortgages, lending abroad, venture capital investment, and mortgage securitization. Illuminating America’s market-heavy social policies, American Bonds illustrates how political institutions became involved in the nation’s lending practices.


Book Synopsis American Bonds by : Sarah L. Quinn

Download or read book American Bonds written by Sarah L. Quinn and published by Princeton University Press. This book was released on 2019-07-16 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: How the American government has long used financial credit programs to create economic opportunities Federal housing finance policy and mortgage-backed securities have gained widespread attention in recent years because of the 2008 financial crisis, but issues of government credit have been part of American life since the nation’s founding. From the 1780s, when a watershed national land credit policy was established, to the postwar foundations of our current housing finance system, American Bonds examines the evolution of securitization and federal credit programs. Sarah Quinn shows that since the Westward expansion, the U.S. government has used financial markets to manage America’s complex social divides, and politicians and officials across the political spectrum have turned to land sales, home ownership, and credit to provide economic opportunity without the appearance of market intervention or direct wealth redistribution. Highly technical systems, securitization, and credit programs have been fundamental to how Americans determined what they could and should owe one another. Over time, government officials embraced credit as a political tool that allowed them to navigate an increasingly complex and fractured political system, affirming the government’s role as a consequential and creative market participant. Neither intermittent nor marginal, credit programs supported the growth of powerful industries, from railroads and farms to housing and finance; have been used for disaster relief, foreign policy, and military efforts; and were promoters of amortized mortgages, lending abroad, venture capital investment, and mortgage securitization. Illuminating America’s market-heavy social policies, American Bonds illustrates how political institutions became involved in the nation’s lending practices.


Credit Policies and the Industrialization of Korea

Credit Policies and the Industrialization of Korea

Author: Yoon-Je Cho

Publisher: World Bank Publications

Published: 1995-01-01

Total Pages: 110

ISBN-13: 9780821332467

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World Bank Discussion Paper No. 286. This report was commissioned as part of a project on the effectiveness of credit policies in East Asian countries. In the Republic of Korea, the government has played a pervasive role in promoting industrializati


Book Synopsis Credit Policies and the Industrialization of Korea by : Yoon-Je Cho

Download or read book Credit Policies and the Industrialization of Korea written by Yoon-Je Cho and published by World Bank Publications. This book was released on 1995-01-01 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Discussion Paper No. 286. This report was commissioned as part of a project on the effectiveness of credit policies in East Asian countries. In the Republic of Korea, the government has played a pervasive role in promoting industrializati


Uncle Sam in Pinstripes

Uncle Sam in Pinstripes

Author: Douglas J. Elliott

Publisher: Rowman & Littlefield

Published: 2011-09-30

Total Pages: 161

ISBN-13: 0815721404

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It is a long-held perception that America is a nation where the government typically stays out of day-to-day business activities. Yet the U.S. federal government is in many ways the biggest and most influential financial institution in the world, with $10 trillion in federal guarantees and loans going to the private sector. Even before recent implementation of massive interventions meant to stave off financial calamity, the federal government directly or indirectly provided significantly more credit than any of the country's largest private sector banks. And, of course, the government's credit activities have recently expanded far beyond this core of traditional programs in the face of economic crisis. What does the true picture of this sector look like, and how does it affect the overall economy? Uncle Sam in Pinstripes is an accessible primer on U.S. federal lending, providing an instructive look at one of the most important interfaces between the U.S. government and its citizens as well as the transactions that result. Douglas Elliott's introductory chapter makes clear the critical importance of federal credit programs and hints at some of their complexities. The remainder of this book fills in the details—the how, what, why, and the ramifications—allowing readers of all stripes to understand the history, current state, and key policy issues surrounding federal credit provision. No picture of the U.S. economy is complete without a fuller understanding of this increasingly important sector. There is considerable evidence that taxpayers are not receiving the value for money that they should. The author believes that a number of steps should be taken to increase the effectiveness and efficiency of federal credit programs. These are explained in the final chapter and include the following actions, among many others: • Target borrowers more carefully. • Take into account more fully the relative risk of different loans. • Use the same


Book Synopsis Uncle Sam in Pinstripes by : Douglas J. Elliott

Download or read book Uncle Sam in Pinstripes written by Douglas J. Elliott and published by Rowman & Littlefield. This book was released on 2011-09-30 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is a long-held perception that America is a nation where the government typically stays out of day-to-day business activities. Yet the U.S. federal government is in many ways the biggest and most influential financial institution in the world, with $10 trillion in federal guarantees and loans going to the private sector. Even before recent implementation of massive interventions meant to stave off financial calamity, the federal government directly or indirectly provided significantly more credit than any of the country's largest private sector banks. And, of course, the government's credit activities have recently expanded far beyond this core of traditional programs in the face of economic crisis. What does the true picture of this sector look like, and how does it affect the overall economy? Uncle Sam in Pinstripes is an accessible primer on U.S. federal lending, providing an instructive look at one of the most important interfaces between the U.S. government and its citizens as well as the transactions that result. Douglas Elliott's introductory chapter makes clear the critical importance of federal credit programs and hints at some of their complexities. The remainder of this book fills in the details—the how, what, why, and the ramifications—allowing readers of all stripes to understand the history, current state, and key policy issues surrounding federal credit provision. No picture of the U.S. economy is complete without a fuller understanding of this increasingly important sector. There is considerable evidence that taxpayers are not receiving the value for money that they should. The author believes that a number of steps should be taken to increase the effectiveness and efficiency of federal credit programs. These are explained in the final chapter and include the following actions, among many others: • Target borrowers more carefully. • Take into account more fully the relative risk of different loans. • Use the same


Revising Financial Sector Policy in Transitional Socialist Economies

Revising Financial Sector Policy in Transitional Socialist Economies

Author: David H. Scott

Publisher: World Bank Publications

Published: 1992

Total Pages: 29

ISBN-13:

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Book Synopsis Revising Financial Sector Policy in Transitional Socialist Economies by : David H. Scott

Download or read book Revising Financial Sector Policy in Transitional Socialist Economies written by David H. Scott and published by World Bank Publications. This book was released on 1992 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:


A New Approach to Evaluating Trade Policy

A New Approach to Evaluating Trade Policy

Author:

Publisher: World Bank Publications

Published:

Total Pages: 37

ISBN-13:

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Download or read book A New Approach to Evaluating Trade Policy written by and published by World Bank Publications. This book was released on with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Deriving Developing Country Repayment Capacity from the Market Prices of Sovereign Debt

Deriving Developing Country Repayment Capacity from the Market Prices of Sovereign Debt

Author: Stijn Claessens

Publisher: World Bank Publications

Published:

Total Pages: 43

ISBN-13:

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Book Synopsis Deriving Developing Country Repayment Capacity from the Market Prices of Sovereign Debt by : Stijn Claessens

Download or read book Deriving Developing Country Repayment Capacity from the Market Prices of Sovereign Debt written by Stijn Claessens and published by World Bank Publications. This book was released on with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Vocational Secondary Schooling, Occupational Choice, and Ernings in Brazil

Vocational Secondary Schooling, Occupational Choice, and Ernings in Brazil

Author:

Publisher: World Bank Publications

Published:

Total Pages: 22

ISBN-13: 3961003165

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Book Synopsis Vocational Secondary Schooling, Occupational Choice, and Ernings in Brazil by :

Download or read book Vocational Secondary Schooling, Occupational Choice, and Ernings in Brazil written by and published by World Bank Publications. This book was released on with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Social Gains from Female Education

Social Gains from Female Education

Author: K. Subbarao

Publisher: World Bank Publications

Published: 1993-01-01

Total Pages: 61

ISBN-13:

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Book Synopsis Social Gains from Female Education by : K. Subbarao

Download or read book Social Gains from Female Education written by K. Subbarao and published by World Bank Publications. This book was released on 1993-01-01 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: