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VERTICAL CONTRACTING AND FARM FINANCE: LESSONS FROM TRANSITION COUNTRIES

机译:垂直承包和农场融资:转型国家的经验教训

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摘要

Agricultural credit and rural finance problems are important constraints on restructuring, investment, and thus on recovery and growth in transition countries. This paper discusses which role trade and commodity credit can play in reducing these constraints. The paper shows that companies have overcome institutional constraints by introducing contract innovations and programmes including trade credit and more extensive financial packages throughout the agri-food chain. These innovations can be very important, but not all financial programmes and contract innovations were successful.
机译:农业信贷和农村金融问题是转型国家投资,结构调整以及恢复和增长的重要制约因素。本文讨论了贸易和商品信贷在减少这些限制方面可以发挥的作用。本文显示,公司通过引入合同创新和计划(包括贸易信贷和整个农业食品链中更广泛的金融计划)克服了制度约束。这些创新可能非常重要,但并非所有财务计划和合同创新都成功。

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