Credit Markets in Rural Russia / Russia’s Agro-Food Sector: Towards Truly Functioning Markets. Edited by P. Wehrheim, K. Frohberg, E. Serova, J. von Braun.

This paper discusses the policies of agricultural finance and credit which have been implemented during the period of economic reform in Russia. An examination of various government measures reveals the pitfalls and shortcomings in their implementation. The main problem, however, lies in the fact that the government is attempting to remedy the consequences, rather than tackling the causes. The delay in introducing new methods of regulating agricultural finance and credit is aggravating the problem even more.