The evolution of Russian institutions of agricultural loan: From domination to systemic approach

Abstract

A detailed study of the key political and economic declarations and regulations related to the attempts to establish and develop agricultural loan system in the country, allows to make paradoxical conclusion: in the context of formation of market relations in modern Russia and establishment of adequate institutions, the essence of such system was reduced to setting up a monster institution, a monopolistic institution, a quasi-public banking organization with its rights and responsibilities to include all items typical for a system of that kind in general.