Rural Supply and Marketing Cooperatives in China: Historical Development, Problems, and Reform

Xiangyu Guo, Todd Schmit and Brian M. Henehan

Journal of Rural Cooperation, 2008, vol. 36, issue 2, 18

Abstract: The historical development and performance of rural supply and marketing cooperatives (SMCs) in China are examined and linked to various reform periods. SMCs suffered a loss of focus on members as well as member control during several periods of reform and experienced declining financial performance during the most recent reform period. A number of factors related to this decline are presented, including ineffective reforms, lack of accountability and transparency, limited focus on member needs, a negative image for cooperatives, and poor understanding of contemporary cooperative management and governance practices.

Keywords: Agricultural Finance; Community/Rural/Urban Development; Demand and Price Analysis; Marketing (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlorco:163501

DOI: 10.22004/ag.econ.163501

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