Comparative Analysis of Agricultural Credit System and Organization in Selected Countries

Erdogan Gunes; Hormoz Movassaghi

doi:doi:10.11648/j.ijaas.20170305.14

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Comparative Analysis of Agricultural Credit System and Organization in Selected Countries

Erdogan Gunes, Hormoz Movassaghi

Published in International Journal of Applied Agricultural Sciences (Volume 3, Issue 5)

Received: 26 June 2017 Accepted: 19 July 2017 Published: 9 September 2017

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Abstract

The agricultural sector has been a key economic force in all countries, developed and developing alike. To assist farmers with their financing needs, countries have established different agricultural credit systems and organizations depending on their overall needs, goals, and historical contextual background. Such structural considerations as the aggregate size of farm lands, diversity in production systems, and farmers’ needs and wants have played an important role in shaping the evolution of agricultural credit organizations around the world. In this study, the agricultural credit systems in select developed and developing countries which offer a mix of very advanced, intermediate, and evolving systems are compared. This research aims to identify key difference of agricultural credit systems with regards to the main actors involved (governmental/private banks, credit cooperative, etc.), application processes, terms and conditions, types, and priorities. The study identifies several agricultural credit systems which reflect countries’ political, economic and structural properties.

Published in	International Journal of Applied Agricultural Sciences (Volume 3, Issue 5)
DOI	10.11648/j.ijaas.20170305.14
Page(s)	123-135
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Agricultural Credit Systems, Financial Institutions, USA, Emerging Economies

References

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APA Style

Erdogan Gunes, Hormoz Movassaghi. (2017). Comparative Analysis of Agricultural Credit System and Organization in Selected Countries. International Journal of Applied Agricultural Sciences, 3(5), 123-135. https://doi.org/10.11648/j.ijaas.20170305.14

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Erdogan Gunes; Hormoz Movassaghi. Comparative Analysis of Agricultural Credit System and Organization in Selected Countries. Int. J. Appl. Agric. Sci. 2017, 3(5), 123-135. doi: 10.11648/j.ijaas.20170305.14

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AMA Style

Erdogan Gunes, Hormoz Movassaghi. Comparative Analysis of Agricultural Credit System and Organization in Selected Countries. Int J Appl Agric Sci. 2017;3(5):123-135. doi: 10.11648/j.ijaas.20170305.14

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@article{10.11648/j.ijaas.20170305.14,
  author = {Erdogan Gunes and Hormoz Movassaghi},
  title = {Comparative Analysis of Agricultural Credit System and Organization in Selected Countries},
  journal = {International Journal of Applied Agricultural Sciences},
  volume = {3},
  number = {5},
  pages = {123-135},
  doi = {10.11648/j.ijaas.20170305.14},
  url = {https://doi.org/10.11648/j.ijaas.20170305.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijaas.20170305.14},
  abstract = {The agricultural sector has been a key economic force in all countries, developed and developing alike. To assist farmers with their financing needs, countries have established different agricultural credit systems and organizations depending on their overall needs, goals, and historical contextual background. Such structural considerations as the aggregate size of farm lands, diversity in production systems, and farmers’ needs and wants have played an important role in shaping the evolution of agricultural credit organizations around the world. In this study, the agricultural credit systems in select developed and developing countries which offer a mix of very advanced, intermediate, and evolving systems are compared. This research aims to identify key difference of agricultural credit systems with regards to the main actors involved (governmental/private banks, credit cooperative, etc.), application processes, terms and conditions, types, and priorities. The study identifies several agricultural credit systems which reflect countries’ political, economic and structural properties.},
 year = {2017}
}

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TY  - JOUR
T1  - Comparative Analysis of Agricultural Credit System and Organization in Selected Countries
AU  - Erdogan Gunes
AU  - Hormoz Movassaghi
Y1  - 2017/09/09
PY  - 2017
N1  - https://doi.org/10.11648/j.ijaas.20170305.14
DO  - 10.11648/j.ijaas.20170305.14
T2  - International Journal of Applied Agricultural Sciences
JF  - International Journal of Applied Agricultural Sciences
JO  - International Journal of Applied Agricultural Sciences
SP  - 123
EP  - 135
PB  - Science Publishing Group
SN  - 2469-7885
UR  - https://doi.org/10.11648/j.ijaas.20170305.14
AB  - The agricultural sector has been a key economic force in all countries, developed and developing alike. To assist farmers with their financing needs, countries have established different agricultural credit systems and organizations depending on their overall needs, goals, and historical contextual background. Such structural considerations as the aggregate size of farm lands, diversity in production systems, and farmers’ needs and wants have played an important role in shaping the evolution of agricultural credit organizations around the world. In this study, the agricultural credit systems in select developed and developing countries which offer a mix of very advanced, intermediate, and evolving systems are compared. This research aims to identify key difference of agricultural credit systems with regards to the main actors involved (governmental/private banks, credit cooperative, etc.), application processes, terms and conditions, types, and priorities. The study identifies several agricultural credit systems which reflect countries’ political, economic and structural properties.
VL  - 3
IS  - 5
ER  -

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Author Information

Erdogan Gunes

Department of Agricultural Economics, Ankara University, Ankara, Turkey
Hormoz Movassaghi

Department of Finance and International Business, Ithaca College, Ithaca, USA

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APA Style

Erdogan Gunes, Hormoz Movassaghi. (2017). Comparative Analysis of Agricultural Credit System and Organization in Selected Countries. International Journal of Applied Agricultural Sciences, 3(5), 123-135. https://doi.org/10.11648/j.ijaas.20170305.14

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ACS Style

Erdogan Gunes; Hormoz Movassaghi. Comparative Analysis of Agricultural Credit System and Organization in Selected Countries. Int. J. Appl. Agric. Sci. 2017, 3(5), 123-135. doi: 10.11648/j.ijaas.20170305.14

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AMA Style

Erdogan Gunes, Hormoz Movassaghi. Comparative Analysis of Agricultural Credit System and Organization in Selected Countries. Int J Appl Agric Sci. 2017;3(5):123-135. doi: 10.11648/j.ijaas.20170305.14

Copy | Download

@article{10.11648/j.ijaas.20170305.14,
  author = {Erdogan Gunes and Hormoz Movassaghi},
  title = {Comparative Analysis of Agricultural Credit System and Organization in Selected Countries},
  journal = {International Journal of Applied Agricultural Sciences},
  volume = {3},
  number = {5},
  pages = {123-135},
  doi = {10.11648/j.ijaas.20170305.14},
  url = {https://doi.org/10.11648/j.ijaas.20170305.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijaas.20170305.14},
  abstract = {The agricultural sector has been a key economic force in all countries, developed and developing alike. To assist farmers with their financing needs, countries have established different agricultural credit systems and organizations depending on their overall needs, goals, and historical contextual background. Such structural considerations as the aggregate size of farm lands, diversity in production systems, and farmers’ needs and wants have played an important role in shaping the evolution of agricultural credit organizations around the world. In this study, the agricultural credit systems in select developed and developing countries which offer a mix of very advanced, intermediate, and evolving systems are compared. This research aims to identify key difference of agricultural credit systems with regards to the main actors involved (governmental/private banks, credit cooperative, etc.), application processes, terms and conditions, types, and priorities. The study identifies several agricultural credit systems which reflect countries’ political, economic and structural properties.},
 year = {2017}
}

Copy | Download

TY  - JOUR
T1  - Comparative Analysis of Agricultural Credit System and Organization in Selected Countries
AU  - Erdogan Gunes
AU  - Hormoz Movassaghi
Y1  - 2017/09/09
PY  - 2017
N1  - https://doi.org/10.11648/j.ijaas.20170305.14
DO  - 10.11648/j.ijaas.20170305.14
T2  - International Journal of Applied Agricultural Sciences
JF  - International Journal of Applied Agricultural Sciences
JO  - International Journal of Applied Agricultural Sciences
SP  - 123
EP  - 135
PB  - Science Publishing Group
SN  - 2469-7885
UR  - https://doi.org/10.11648/j.ijaas.20170305.14
AB  - The agricultural sector has been a key economic force in all countries, developed and developing alike. To assist farmers with their financing needs, countries have established different agricultural credit systems and organizations depending on their overall needs, goals, and historical contextual background. Such structural considerations as the aggregate size of farm lands, diversity in production systems, and farmers’ needs and wants have played an important role in shaping the evolution of agricultural credit organizations around the world. In this study, the agricultural credit systems in select developed and developing countries which offer a mix of very advanced, intermediate, and evolving systems are compared. This research aims to identify key difference of agricultural credit systems with regards to the main actors involved (governmental/private banks, credit cooperative, etc.), application processes, terms and conditions, types, and priorities. The study identifies several agricultural credit systems which reflect countries’ political, economic and structural properties.
VL  - 3
IS  - 5
ER  -

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