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Economic and Social Analysis of Projects and of Price Policy: The Morocco Fourth Agricultural Credit Project

机译:项目经济社会分析与价格政策:摩洛哥第四农业信贷项目

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The purpose of this paper is to (a) apply the economic and social cost benefit methodology of Little-Mirrless and Squire-van der Tak to the Fourth Agricultural Credit Project in Morocco, and (b) discuss the operational implications of the results including price policy. The paper concludes that investments in mechanization, irrigation equipment, wells, draft animals and small implements generate a higher rate of return to Morocco's economy than to farmers due to price distortions biased against agriculture. (Copyright (c) 1980 The World Bank 1818 H Street, N.W. Washington, D.C. 20433 U.S.A.)

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