A Research On Deepening Reform Of Rural Credit Cooperatives Of Hunan

Rural Credit Cooperatives of Hunan is one of the 21 selected unit for experiments in reform of the country. As the important part of supporting the development of agriculture, Rural Credit Cooperatives of Hunan is playing a key role in the development of rural economy. How to bring the rural credit cooperatives function into play so that rural credit cooperatives can support the stability of rural area, the development of agriculture, the increasing income of peasant continually and the building of socialism new rural in the process of reform?The essay takes the five times reform of rural credit cooperatives since the building of China as the point of penetration.and affirms the affect of rural credit cooperatives in supporting the development of country, agriculture and peasants on the base of summarizing useful experiences and lessons of the former reforms. But the reform does not embody the the cooperative character and the outside leading management system is not very perfect. Whether the new reform can resolve these problems or not is very important. Therefore, the essay analyses the efficiency of the new reform carried out from 2004 in Hunan. At first, the essay carries out an empirical analyse about the reform efficiency by use of the model of input–production, and the result is that among many factors influencing the reform efficiency, the pattern and district is the most important. Secondly, the essay analyses the outside efficiency of the reform from three aspects: reform pattern, supporting"three agriculture"and the cost of reform. The result is: the new reform of Hunan rural credit cooperatives is effective, and there exists potential and space for deepening reform. But there is many problems hindering the deepen reform of Hunan rural credit cooperatives, it embody mainly in four aspects: imperfect property right and legal person structure, the increasing of reform cost, contradiction between the"three convert"and"three agriculture"in the reform, and excessive management of local government. To solve these problems and realize the aim of sustainable development, the essay suggests the rural credit cooperatives can make efforts in the following aspect: consummating the property right system by the way of reconstructing the ownership composition and exploring the effective legal person governing pattern, sharing and handling bad loan through all kinds of ways, especially the increasing bad loan, persisting in the aim of supporting the development of"three agriculture", and setting up the system arrangement of government-rural credit cooperatives"double win"to prevent the moral risk of local government.