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Current investment and loan for agriculture in Korea and its implications

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  • Current investment and loan for agriculture in Korea and its implications
  • Park, JoonKee
  • Korea Rural Economic Institute


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Title Current investment and loan for agriculture in Korea and its implications
Similar Titles
Material Type Articles
Author(English)

Park, JoonKee

Publisher

[Seoul]:Korea Rural Economic Institute

Date 2012-07
Journal Title; Vol./Issue Joural of Rural Development:35(2)
Pages 30
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < Agriculture
Holding Korea Rural Economic Institute

Abstract

This report described investment and loan plans for the agricultural sector following the changing circumstances of Korea’s agricultural policies, the direct payment programs, the agricultural crop insurance and the management risk control schemes, which are considered to be key support policies for stabilized farmers’ management. The future agricultural policies should be oriented in the direction of creating future demand for advanced agri-food, controlling management risk of large-scale farmers, and improving old and small-scale farmers’ welfare and the rural living environment. Examination was made for the direct payment programs, the agricultural crop insurance, and the scheme for supporting management recovery by the farmland bank as detailed support policies. It is necessary to clarify the direction of direct payment programs, about whether it would be the single payment scheme as in the EU or the individual direct payment scheme. (The rest omitted)