Agricultural Development in the West Bank (ص 87)

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عنوان

Agricultural Development in the West Bank (ص 87)

المحتوى

icultural credit program, Be
te its own agr sg
jon to prom a
neligible” borrowers
1 of the regional military
tt lending was intended to give
advanced to
governor. It
only after the approve
then became clear that governnen'
stration extra leverage in
to convince an inherently suspicious
negotiating with
the military Admini!
local leaders. This was enough
tural community to keep away from Israeli loans, and even attach
to such signals of "benovalence" a strong stigma.
The money market tightened considerably in the seventies and
Roved deeper into recession and rapid inflation. This motivated
dealers of farm supplies and other private lenders to cut down
drastically on their credit operation, for fear of substantial
losses generated by the rapid devaluation of Israeli currency.
With that source of credit shut off, West Bank farmers were
deprived for many years of almost all institutional and private
forms of credit. They even displayed a marked reticence to invest
Steir own savings beyond imperative needs, mainly because of low ae
Prof; 1
itability and insecurity.” By the late seventies it was clear
ments
were
163
aid to residents of the occupied territories.
evaluated separately,
Hoth of these develop-

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Agricultural Development in the West Bank

تاريخ

١٩٨٢

المنشئ

Hisham Masoud Awartani

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