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Possibilities And Problems Financing The Hungarian Agriculture

Author

Listed:
  • Cecília Szigeti

    (SZE, Kautz Gy. Faculty of Economics, CSc, Reader Csaba Lentner Faculty of Economics, University of West-)

  • Reader, Anita Borzán

    (Head of Institute of Economic Sciences Tessedik Sámuel College, Faculty of Economics, Bekescsaba, Hungary)

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.

Suggested Citation

  • Cecília Szigeti & Reader, Anita Borzán, 2007. "Possibilities And Problems Financing The Hungarian Agriculture," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(9S), pages 111-116, May.
    • Handle: RePEc:aio:rteyej:v:1:y:2007:i:9s:p:111-116
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    More about this item

    Keywords

    agricultural credit; loan breakdown; multi variable statistical method;
    All these keywords.

    JEL classification:

    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

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