POSSIBILITIES AND PROBLEMS FINANCING THE HUNGARIAN AGRICULTURE

Cecília Szigeti and Anita Borzán Reader
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Cecília Szigeti: SZE, Kautz Gy. Faculty of Economics, CSc, Reader Csaba Lentner Faculty of Economics, University of West-
Anita Borzán Reader: Head of Institute of Economic Sciences Tessedik Sámuel College, Faculty of Economics, Bekescsaba, Hungary

Revista Tinerilor Economisti (The Young Economists Journal), 2007, vol. 1, issue 9S, 111-116

Abstract: The solving and improving the problem of financing agriculture is one of the most important questions. The agriculture has many specialties compare to other sectors of national economy. In case of agriculture, the payback period is longer compare to industrial sector. That is why the capital prefers to flow to industry and commerce. The rate of credit for agricultural sector is varying from 19% to 2% compare to the total amount of outstanding. This rate is very low in every case. The main aims of financing the Hungarian agriculture are the following: Most important the competitiveness and profitability; reservation of agriculture and forestry with the aim of environment protection; advancing and bring to a level of other sectors the income- and social position of farmers.

Keywords: agricultural credit; loan breakdown; multi variable statistical method (search for similar items in EconPapers)
JEL-codes: Q00 Q14 (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:aio:rteyej:v:1:y:2007:i:9s:p:111-116

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