首页> 外文期刊>Indonesian Journal of Forestry Research >INSTITUTIONAL ANALYSIS OF REVOLVING FUND LOAN (RFL) FOR THE DEVELOPMENT OF COMMUNITY FOREST PLANTATIONS (CFP)
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INSTITUTIONAL ANALYSIS OF REVOLVING FUND LOAN (RFL) FOR THE DEVELOPMENT OF COMMUNITY FOREST PLANTATIONS (CFP)

机译:用于发展社区森林种植园(CFP)的循环资金贷款(RFL)的制度分析

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The purpose of this study was to formulate effective and efficient institutions of Revolving Fund Loans for Community Forest Plantation development (RFL CFP) in accordance with variation of field conditions. Benchmarking techniques were used to formulate the institution of RFL CFP. For that purpose, Independent of Direct Assistance Rural Agribusiness Development (IDA RAD) from the Ministry of Agriculture was selected as a benchmark as it was good in performance. The study was conducted in three provinces, i.e. Riau, South Kalimantan (November 2008 to April 2009) and West Java (May 2009 to February 2011). Comparative study was used to analyze the institutions based on the agency theory. The results showed that the institutional of RFL CFP have not accomodated the differences in characteristics, perceptions and capacities of the parties. As a result, the institutions have not been able to overcome the risk of moral hazard, adverse selection and high transaction costs. On the other hand, the institution of IDA RADhas a positive impact on agency relationship. High repayments by IDA RADagent and the increasing number of agents each year have proved the impact.
机译:这项研究的目的是根据田间条件的变化,制定有效和高效的社区森林人工林发展周转基金贷款机构(RFL CFP)。标杆管理技术用于制定RFL CFP的制度。为此,由于其良好的绩效,选择了农业部的独立于农村农业综合企业直接援助发展部(IDA RAD)作为基准。该研究在三个省份进行,分别是南加里曼丹省的廖内省(2008年11月至2009年4月)和西爪哇省(2009年5月至2011年2月)。比较研究被用来基于代理理论来分析制度。结果表明,RFL CFP的机构并未适应各方特征,看法和能力的差异。结果,这些机构无法克服道德风险,逆向选择和高交易成本的风险。另一方面,IDA RAD的机构对代理关系产生了积极影响。事实证明,IDA RADagent的高还款率以及每年不断增加的代理商数量已证明了这一影响。

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