REGIONAL SYSTEMS OF AGRICULTURAL CREDIT COOPERATION ON THE WAY TO REGULATION

Issue № 8, 2015, article № 7, pages 45-51

Section: Cooperation and integration

Language: Russian

Original language title: РЕГИОНАЛЬНЫЕ СИСТЕМЫ СЕЛЬСКОХОЗЯЙСТВЕННОЙ КРЕДИТНОЙ КООПЕРАЦИИ НА ПУТИ К РЕГУЛИРОВАНИЮ

Keywords: AGRICULTURAL CREDIT CO-OPERATIVE, COOPERATIVE OF THE SECOND LEVEL, TARGET CREDITING, INTEREST RATE SUBSIDIES, GOVERNMENT REGULATION AND SUPERVISION

Abstract: On the example of the Republic of Sakha (Yakutia) authors revealed the high-quality changes testifying to essential advantages in creation and development of credit cooperation as systems: the two-level system of agricultural credit cooperation (ACC) is created; the reliable channel of bank credit resources on the village is created; the system of the economic relations between cooperatives of various levels, is adjusted by cooperatives and banks, cooperatives and their members; experience of the organization of vertical management and control of activity of cooperatives of the first (local) level is saved up. The system of agricultural credit cooperation of Yakutia is expected by the hard times caused by introduction of state regulation and supervision of activity of ACC, including introduction of the electronic reporting under operations with money, restriction of cash money turnover. According to authors, the regulator has to consider the developed realities in the market of agricultural credit cooperatives and adhere risk - to the focused approach in forming of mechanisms of regulation and control of activity of ACC.

Authors: Maksimov Anatolii Fedorovich, Baisheva Varvara Modestovna