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Federal Goverment Credit Program: Privatization Through Loan Sales
Author(s) -
Wolf Frederick D.
Publication year - 1988
Publication title -
public budgeting and finance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.694
H-Index - 30
eISSN - 1540-5850
pISSN - 0275-1100
DOI - 10.1111/1540-5850.00802
Subject(s) - loan , business , finance , government (linguistics) , capital (architecture) , term loan , non conforming loan , working capital , financial system , non performing loan , linguistics , philosophy , archaeology , history
Privatization by sale of governmental financial assets provides a means to achieve program goals but does not preclude continued policy involvement. By loan guarantees the government has already privatized some aspects of its credit programs. Issues raised by loan sales differ from those concerning capital assets.