The Evolution of Russian Institutions of Agricultural Loan: From Domination to Systemic Approach


  •  Oleg Usherovich Avis    

Abstract

A detailed study of the key political and economic declarations and regulations related to the attempts to establish and develop agricultural loan system in the country, allows to make paradoxical conclusion: in the context of formation of market relations in modern Russia and establishment of adequate institutions, the essence of such system was reduced to setting up a monster institution, a monopolistic institution, a quasi-public banking organization with its rights and responsibilities to include all items typical for a system of that kind in general.



This work is licensed under a Creative Commons Attribution 4.0 License.