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FARM FINANCE AND FARM INDEBTEDNESS IN THE EEC
Author(s) -
Reid Ian G.
Publication year - 1981
Publication title -
journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.157
H-Index - 61
eISSN - 1477-9552
pISSN - 0021-857X
DOI - 10.1111/j.1477-9552.1981.tb01568.x
Subject(s) - profitability index , inflation (cosmology) , agriculture , finance , economics , interest rate , business , balance sheet , agricultural economics , geography , physics , theoretical physics , archaeology
Many farmers in the EEC are currently having to finance an increasing indebtedness when prospective farm profitability is falling, interest rates are likely to remain high and inflation rates are steadying, and taxation is becoming heavier. It is also a time when bankers traditionally specialised in the financing of farming are considering whether to diversify their lending. Thus they are considering more critically the balance between profitability and security in their farm lending.