Agricultural Finance and Credit: The Farm View (Micro)
描述自1980年代初以来农业金融危机的演变，分析农场家庭的财务困境，并探讨农业调整能力及公共干预的适当性，为后续政策讨论提供基础。
The financial crisis in agriculture has been a reality for some farm families since early 1980. As with any industry-wide upheaval, it was slow developing. And its origins can be traced back at least a decade. Today we know more about farm financial conditions than at anytime since the crisis began. However, little consensus exists among farmers, policymakers or academics about agriculture's capacity to adjust to financial stress, or the type of public intervention that would be appropriate if existing institutions and markets need to be assisted in making this transition.\nThis paper will be largely descriptive. Hopefully, it will lead to a more fruitful assessment of the policy papers that will be presented later in the conference.