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.
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.