我国农村金融联结制度的设计

The Design of Rural Finance Linkage Institution in China

本文探讨银行利用乡村中介在农村发放信贷问题。通过构建一个简单的模型,研究了银行雇佣乡村中介筛选和监督借款人以及回收贷款时补偿方案的设计。在此基础上,具体分析了农村金融联结制度中贷款利率、贷款规模、联结期限和补偿方案的确定。最后,提出了将非正规部门纳入农村金融体系的设计、培育和发掘适当的乡村中介以及开发针对乡村中介的风险管理制度的政策建议。

This paper focus on the rural credit delivery through village intermediary. Based on one simple model, the author analyzes the design of compensation scheme when banks employ village intermediary to seleet and monitor borrower and collect loan. On this basis, the author further studies how to determine the interest, amount of loan, the term of linkage and compensation scheme. At last, the author suggests that in China informal financing sector should be included into the design of the rural finance system, and village intermediary and risk management system for village intermediary should be developed.