CREDITING TO AGRICULTURAL COMMODITY PRODUCERS: ECONOMIC AND LEGAL PROBLEMS

In the article the economic and legal problems connected with small and medium-sized commodity producers’ credit have been analyzed. It has been proved that in Ukraine, unlike foreign countries, the mechanism of easing credits remains virtually the only financial instrument aimed at developing cred...

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Main Authors: O. V. Hafurova, V. M. Yermolenko, I. M. Yermolenko
Format: Article
Language:English
Published: FINTECH Alliance LLC 2018-12-01
Series:Фінансово-кредитна діяльність: проблеми теорії та практики
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Online Access:https://fkd.net.ua/index.php/fkd/article/view/1544
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author O. V. Hafurova
V. M. Yermolenko
I. M. Yermolenko
author_facet O. V. Hafurova
V. M. Yermolenko
I. M. Yermolenko
author_sort O. V. Hafurova
collection DOAJ
description In the article the economic and legal problems connected with small and medium-sized commodity producers’ credit have been analyzed. It has been proved that in Ukraine, unlike foreign countries, the mechanism of easing credits remains virtually the only financial instrument aimed at developing credit relations in the agrarian sector of the economy. It is noted that in the mentioned sphere the provisions of the Ukrainian Law «On State Support to Agriculture in Ukraine» are not fully implemented. In particular, the requirements concerning the size of the credit subsidy, the possibility of obtaining compensation for long-term credits and credits received in foreign currency aren’t performed. Taking into account the aforementioned, as well as reducing the amount of financing of the corresponding state program by 4.5 times, the authors have concluded that these legislative requirements are mainly declarative. Thus, ensuring in practice the access to the cheap credit resources for small and medium-sized agricultural producers shall become one of the important tasks of the state agricultural policy.
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issn 2306-4994
2310-8770
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record_format Article
series Фінансово-кредитна діяльність: проблеми теорії та практики
spelling doaj-art-890b723eac854475bfea45ce07de0ec92025-08-20T02:23:06ZengFINTECH Alliance LLCФінансово-кредитна діяльність: проблеми теорії та практики2306-49942310-87702018-12-0142710.18371/fcaptp.v4i27.153967CREDITING TO AGRICULTURAL COMMODITY PRODUCERS: ECONOMIC AND LEGAL PROBLEMSO. V. Hafurova0V. M. Yermolenko1I. M. Yermolenko2National University of Life and Environmental Sciences of Ukraine, Kyiv;National University of Life and Environmental Sciences of Ukraine, Kyiv;National University of Life and Environmental Sciences of Ukraine, Kyiv; In the article the economic and legal problems connected with small and medium-sized commodity producers’ credit have been analyzed. It has been proved that in Ukraine, unlike foreign countries, the mechanism of easing credits remains virtually the only financial instrument aimed at developing credit relations in the agrarian sector of the economy. It is noted that in the mentioned sphere the provisions of the Ukrainian Law «On State Support to Agriculture in Ukraine» are not fully implemented. In particular, the requirements concerning the size of the credit subsidy, the possibility of obtaining compensation for long-term credits and credits received in foreign currency aren’t performed. Taking into account the aforementioned, as well as reducing the amount of financing of the corresponding state program by 4.5 times, the authors have concluded that these legislative requirements are mainly declarative. Thus, ensuring in practice the access to the cheap credit resources for small and medium-sized agricultural producers shall become one of the important tasks of the state agricultural policy. https://fkd.net.ua/index.php/fkd/article/view/1544credit relationsrural creditconcessional lendingstate supporteasing of creditcredit subsidy
spellingShingle O. V. Hafurova
V. M. Yermolenko
I. M. Yermolenko
CREDITING TO AGRICULTURAL COMMODITY PRODUCERS: ECONOMIC AND LEGAL PROBLEMS
Фінансово-кредитна діяльність: проблеми теорії та практики
credit relations
rural credit
concessional lending
state support
easing of credit
credit subsidy
title CREDITING TO AGRICULTURAL COMMODITY PRODUCERS: ECONOMIC AND LEGAL PROBLEMS
title_full CREDITING TO AGRICULTURAL COMMODITY PRODUCERS: ECONOMIC AND LEGAL PROBLEMS
title_fullStr CREDITING TO AGRICULTURAL COMMODITY PRODUCERS: ECONOMIC AND LEGAL PROBLEMS
title_full_unstemmed CREDITING TO AGRICULTURAL COMMODITY PRODUCERS: ECONOMIC AND LEGAL PROBLEMS
title_short CREDITING TO AGRICULTURAL COMMODITY PRODUCERS: ECONOMIC AND LEGAL PROBLEMS
title_sort crediting to agricultural commodity producers economic and legal problems
topic credit relations
rural credit
concessional lending
state support
easing of credit
credit subsidy
url https://fkd.net.ua/index.php/fkd/article/view/1544
work_keys_str_mv AT ovhafurova creditingtoagriculturalcommodityproducerseconomicandlegalproblems
AT vmyermolenko creditingtoagriculturalcommodityproducerseconomicandlegalproblems
AT imyermolenko creditingtoagriculturalcommodityproducerseconomicandlegalproblems