Abstract
The debt crisis in the family farm sector of Israel, triggered in 1985 by anti-inflationary policies, revealed weaknesses inherent in the cooperative structure. Mutual liability encouraged overborrowing when possible and could not be enforced when needed. Cooperative credit could not survive in a highly unstable macroeconomic environment. -from Authors
| Original language | English |
|---|---|
| Pages (from-to) | 214-227 |
| Number of pages | 14 |
| Journal | Unknown Journal |
| State | Published - 1993 |