Credit for food production in LDCs

Credit institutions have failed to make their full impact on food production in LDCs because agricultural credit has often been given in isolation from other support services and is frequently limited to non-food export crops. In addition, a shortage of trained personnel and qualified management, uneven or inadequate services together with the vulnerability of credit institutions to political interference also limit their effectiveness. These results emerge from the studies made in preparation for the World Credit Conference held in October 1975. Mr. Abbot reviews these studies and outlines the achievements of the conference.