农业专业合作社融资供求衔接分析

The Research on the Connection of Financing Supply and Demand of Agricultural Specialized Cooperatives

资金匮乏是目前我国大多数农民专业合作社面临的主要困难。由于农民专业合作社自身抵押品不足、信息不对称造成正规金融融资成本高、融资难。另外,农民专业合作社还缺少明确的身份认证和风险控制手段,内部资金互助形式的融资功能有限。在正规金融供给不足、非正规金融融资功能有限的背景下,农民专业合作社陷入"融资困境"。本文在分析农民专业合作社融资需求特征、供给现状以及存在问题的基础上,提出了农民专业合作社与即期金融对接模式以及中长期制度设计两种衔接模式,缓解农民专业合作社资金匮乏的困境。

Lack of funding is currently the main difficulties faced by most agricultural specialized cooperatives in China. The shortage of collateral for agricultural specialized cooperatives themselves and the information asymmetry between banks and coopera- tives lead to the high cost of financing and difficulties in formal financing. In addition, agricultural specialized cooperatives are also short of clear identity authentication and risk control means, and mutual financing function of their internal funds is limited. Under the background of insufficient formal financial supply and limited financing fimction of non-formal finance, agricultural specialized coop- eratives have been in the financing dilemma. Based on the analysis on financing demand characteristics, the supply situation and exist- ing problems of agricultural specialized cooperatives, the paper puts forward two connection modes, that is the connection of agricul- tural specialized cooperatives and the immediate finance, and medium and long term system design, to ease the plight of lack of funds of agricultural speeialized cooperatives.