THE IMPACT OF FUNDING RESOURCES ON AGRICULTURAL COMPETITIVENESS
THE IMPACT OF FUNDING RESOURCES ON AGRICULTURAL COMPETITIVENESS
Author(s): Andrea Fehér, Păun Ion Otiman, Vasile GoşaSubject(s): Economy
Published by: Editura Eurostampa
Keywords: financial support; bank credit; commercial credit; public funds; direct payments
Summary/Abstract: Financial support granted to agriculture from both community and national public funds, but also by means of credit from specialized banks (Agricultural Credit – France, Robobank – Netherlands, Raiffeisen Bank – Austria and Germany), has prompted the development of the process of sustainable capitalization of agricultural activities and the financing of intermediate consumption for the appropriate high-performance technologies manifested in a higher efficiency which, in turn, has led to lower unit costs, competitiveness and profitability.
Journal: Anale. Seria Ştiinţe Economice. Timişoara
- Issue Year: XVI/2010
- Issue No: 16
- Page Range: 9-16
- Page Count: 7
- Language: English