A Study On Operational Efficiency Of Rural Poverty Alleviation Fund Cooperatives In Sichuan Province

Cooperative financial organization is the basis of the rural financial system, incremental reform of the rural cooperative financial system is the reality choice of China’s rural financial system reform. Rural credit cooperatives should be the main bodies of the co-operation financial system in China, but in fact it has departed cooperative in the true sense. The rural cooperative foundations also deviated from the original intention of cooperation and ultimately shut down due to poor management. The lag rural cooperative finance become an important factor to hinder the rural sustainable economic development and new rural construction process. The rural cooperative credit union funds as the main financial incremental reform not only bring the "silver carp effect" for the rural financial system, and also to broaden the channels of financial services in poor rural areas, improve the efficiency of financial services in poor rural areas.This article draws on the theory of rural financial cooperative financial theory, financial repression and the theory of financial deepening poverty and antipoverty theory. Use of research data, descriptive statistical analysis of the course of development of the rural poverty alleviation fund cooperatives and Sichuan pilot status quo; research data, the use of the basic DEA model and super-DEA model to evaluate the operational efficiency of the poverty alleviation fund cooperatives in Sichuan Province and according to the results, summarized in the efficiency of the development trend; Tobit model to analyze the factors that may affect the operational efficiency, find the key influencing factors. Various analysis results will eventually do a combination of paper conclusions, given certain policy recommendations based on the conclusions.SichuanProvince pilot rural poverty alleviation fund cooperatives, rural financial services has been qualitative improved. Poverty Alleviation Fund union has experienced the stage of explore, standardize, consolidate and improve,alleviate farmers’ borrowing problems, improved poor farmers’ income levels; establish a relationship of mutual assistance and cooperation to improve the degree of organization of farmers; mobilize farmers endogenous power, and enhance the farmers self-development; fostering democratic awareness of farmers, improve the rural grass-roots ability to govern; close party, harmony relationship in neighbourhood.Through research and analysis, the following conclusions:(1)Theoverall operational efficiency of poverty funds Unions in Sichuanis not high and declining.(2) The Government working in financing, guidance, management plays an important role to improve the operational efficiency of the anti-poverty funds union.(3) The risk of poverty alleviation fund union control has a significant impact on its operational efficiency.(4) Increase publicity,learning and talent introduction has a positive impact on the the union operational efficiency of anti-poverty funds.Based on the above conclusions, the following policy recommendations put forward by the authors:First, strengthen risk management of rural credit union funds poverty alleviation, low rates appropriate to improve occupancy rates region;Secondly, the effective establishment of inter-regional communication channels, increase amount can be borrowed to expand the size of funds;Finally, the introduction of high-quality personnel and advanced management techniques, and step up publicity efforts to increase farmers’ active participation.