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Improving Credit Access for the Food and Agriculture Sector through Enhanced Implementation of Existing Policies and New Strategies

Author

Listed:
  • Gary B. Teves

Abstract

For several decades, the government has sought to develop the agriculture sector through programs like agrarian reform, agricultural modernization and rural finance, but farmers and fisherfolk remain to be the poorest sector in the Philippines. This paper seeks to explore ways to improve small farmers and fisherfolks’ access to credit provided by formal financial institutions. The government needs to implement and improve on its existing programs, identified in this study, and combine these with policy reforms and new strategies to fast-track the development of the food and agriculture sector to make economic growth more inclusive.

Suggested Citation

  • Gary B. Teves, 2014. "Improving Credit Access for the Food and Agriculture Sector through Enhanced Implementation of Existing Policies and New Strategies," UP School of Economics Discussion Papers 201415, University of the Philippines School of Economics.
    • Handle: RePEc:phs:dpaper:201415
    as

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    File URL: http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/1469/946
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    References listed on IDEAS

    as
    1. Raul V. Fabella, 2014. "Comprehensive Agrarian Reform Program (CARP): Time to let go," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 51(1), pages 1-18, June.
    2. Majah-Leah V. Ravago & Amy Doreen S.J. Cruz, 2004. "Southeast Asian Agriculture and Development Primer Series: Philippines," Southeast Asian Agriculture and Development Primer Series 1st Edition, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), number 2004:56, April.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Briones, Roehlano M. & Tolin, Lovely Ann C., 2016. "Warehouse Receipts as a System for Improving the Efficiency of Rice and Corn Marketing in the Philippines," Discussion Papers DP 2016-45, Philippine Institute for Development Studies.
    2. Briones, Roehlano M., 2016. "Growing Inclusive Businesses in the Philippines: The Role of Government Policies and Programs," Discussion Papers DP 2016-06, Philippine Institute for Development Studies.
    3. Briones, Roehlano M., 2016. "Growing Inclusive Businesses in the Philippines: The Role of Government Policies and Programs," Research Paper Series DP 2016-06, Philippine Institute for Development Studies.
    4. Llanto, Gilberto M. & Geron, Maria Piedad S. & Badiola, Jocelyn Alma R., 2016. "Comprehensive Study on Credit Programs to Smallholders," Discussion Papers DP 2016-48, Philippine Institute for Development Studies.

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    More about this item

    Keywords

    Agriculture; Financial Institutions and Services; Agricultural Finance; Agricultural Credit;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

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