ABSTRACT
Debt size and incidence—Although a large share of the vigor of Western industrial economies derives from the extensive use of credit of all kinds, debt in rural areas has long been considered a major factor in retarding development. This is due to the particular forms which agrarian debt takes in many parts of the world and to the fact that credit is frequently difficult to obtain or available only at rates of interest considered extremely high by Western standards. Credit conditions in Khanh Hau reflect many of the familiar characteristics of rural debt in underdeveloped areas, but in some respects they differ from them and also from some impressions that are commonly held of the situation in Viet Nam itself.
