The Ideas Of Cooperative And The Pattern Of Democrative Management Is The Key To Standardize The Rural Credit Union Of Our Country

The rural Credit Unions of our country have had a very difficult experi- ence for over half of a century Although they were destroyed very much. It is survived finally. It is the core that how to strength the democratic man- agement system in the reform of our Credit Unions. The enchantment of the coperation lies in itseople's Union not apital's Union' It is just the merit of the co-operate system. The precondition of the pure co-oper- ate system is the true democratic management. Otherwise the co-operate system will not be survival because of the strong capital and the competitive market. The awkward position of the co operate system is not from the exterior, on the countrary, from the disappointed co operate people. If there is not democray in the co-operation, it would be as sad as the tradi- tional public ownership.