The Risk Management of the Rural Land Contracted Management Right Mortgage Loan:From the Perspective of Agriculture-related Financing Institutions
Due to the reform of "Separation of Three Rights"concerning farmland,the rural land mortgage placed on contracted management right is becoming a new financing way for famers in China,which can promote rural economic development and accelerate the process of agricultural modernization.But the risk behind it limits the new business' s development.Aiming to help the financial institutions and famers to achieve a win-win result through the business,the study takes borrower credit risk,collateral risk,operation risk into consideration,combines with Game Theory,explores all possible exposure to the current land mortgage placed on contracted management right and works out the following measures which can control this business risk.(1)Perfect the relevant laws and regulations;(2)Fill the blank of the rural credit management;(3)Promote the insurance system of agricultural production;(4)Improve the value of the mortgaged property management mechanism.