Kovachev, Goran (2013): Financing Agribusiness by State Development Banks - the Case of Macedonia. Published in: Journal of Governance and Regulation , Vol. 2, No. 3, 2013, Continued - 1 (September 2013): pp. 107-116.
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Abstract
In countries where agriculture has substantial role in generating domestic product, sustainable agro-finance can seriously increase economic development. It is well known that agriculture is perceived as risky to be financed by commercial banks. Therefore, creating specific agro-credit lines within state development banks is key element in enhancing agricultural activities. These state development banks, operating in close collaboration with the Government have a significant role in accelerating economic welfare of farmers and rural poor. This study tends to emphasize the importance of creating special lending products targeted towards agriculture. The focus will be put on comparison between the first pillar – direct lending to agriculture and second pillar – lending to agriculture through commercial banks showing the better viability of the later.
Item Type: | MPRA Paper |
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Original Title: | Financing Agribusiness by State Development Banks - the Case of Macedonia |
English Title: | Financing Agribusiness by State Development Banks - the Case of Macedonia |
Language: | English |
Keywords: | sustainable agro-finance; agriculture; risky; economic welfare; rural development; state development banks; agribusiness; direct lending; indirect lending |
Subjects: | E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit G - Financial Economics > G2 - Financial Institutions and Services H - Public Economics > H8 - Miscellaneous Issues Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q1 - Agriculture |
Item ID: | 51094 |
Depositing User: | Dr. Goran Kovachev |
Date Deposited: | 31 Oct 2013 01:44 |
Last Modified: | 29 Sep 2019 04:27 |
References: | Dimovska Efimija – Bringing Finance to Rural People-Macedonia’s Case (working paper); EastAgri Annual Meeting; Istanbul, 2010 Macedonian Bank for Development Promotion, data from internal sources National Bank of Republic of Macedonia – http://www.nbrm.mk Official Gazette of Republic of Macedonia, No. 47/1996, 24/1998, 107/2000, 4/2002 145/2010 and 76/2012 Robinson Marguerite S., 2001. The Microfinance Revolution, Sustainable Finance for the Poor. The World Bank, Washington D.C State Statistical Office of Macedonia - http://www.stat.gov.mk Thought Leader, 2012. Mail & Guardian - http://www.thoughtleader.co.za |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/51094 |