• Title/Summary/Keyword: non-agricultural debt

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Analysis of Farm Household Debt by Farm Type (농가 유형에 따른 농가부채 분석)

  • Kang, Maya
    • Journal of Agricultural Extension & Community Development
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    • v.24 no.1
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    • pp.63-81
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    • 2017
  • The purpose of this study is to analyze the changes of time series, the use by farm type and the causes of farm household debt. First, the mid and long term changes in farm household debt over the past 50 years have increased. Since 2010, the share of non-agricultural debt has exceeded the share of agricultural debt. Second, as a result of the analysis of the farm household debt use by farm type - full time&part time, farming type, land size, age, family members - there was a difference between the agricultural and the non-agricultural debt according to the type of farm household in a significant level of 1%. Finally, as a result of the cause analysis of the farm household debt, the related non-agricultural expenditure variables and the dummy variable of the manager's age, family member and land size has a common influence on the farm household debt increase.

Economic Problems of Rural Poor Households in Korea - Focused on the Economic Resources - (농촌빈곤가계의 경제문제 I -경제자원 문제를 중심으로-)

  • 최은숙
    • Korean Journal of Rural Living Science
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    • v.6 no.1
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    • pp.73-84
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    • 1995
  • The objective of this thesis is to analyse empirically the economic resource problems of the rural poor households. Data from 444 rural sample households in four provinces, divided into two subgroups, the poor and the non-poor households, were analysed and compared. The owned arable land size, level of agricultural and non-agricultural income, assets, debts and the sufficiency of living expenses of the poor households were measured and compared with those of non-poor households respectively. The significant findings and drawn conclusions are as follows : The rural poor households 1. tends to show smaller family size, older age and lower level of education of homemakers than the non-poor households, that might work as constraints to income sources and quality. 2. has not only small arable lands and agricultural income but also even smaller cash income, less than 50% of total income, with 27% of self-product consumption and depends more on non-agricultural income than the non-poor households. Such weakness of income structure might cause and increase the income instability of the rural poor households. 3. reveals significantly different level and components of assets from the non-poor households lower level of assets, less amounts of but more load of debt due to lower solvency that comes from low level of income and assets, higher debts for consumption and lower accessibility to credit. All these socio-demographic and economic characteristics of the rural poor households might have compound effects on the economic problems of the poor households and make vicious circle of poor.

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A Study on the Alternative Approach to Sustainable Tourism Development in Cameroon (지속가능한 관광개발 전략에 관한 연구: 카메룬 관광개발을 중심으로)

  • Lee, Seung-Koo;Sakwe, Nanje Divine
    • Korean Business Review
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    • v.22 no.2
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    • pp.35-59
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    • 2009
  • The drive for sustainable economic growth for the sub Saharan African region continues to occupy a central place in the debate of how to move the region forward. For decades, governments, policy makers, Non Governmental Organizations and world bodies including the World Bank, IMF, ADB, USIAD and the European Union have engaged policies aimed at bringing solutions to the horrendous poverty crisis to nations of this region. Despite these noble actions and intents, poverty and underdevelopment has prevailed in countries of the region such as Cameroon. Cameroon is mainly an agricultural economy with its products facing declining prices and competition from synthetic substitutes resulting to deficits of balance of trades. This has resulted to borrowing and debt. At the same time, it is a country blessed with an abundance of tourist resources. From the literature review, tourism potency to economic growth is overwhelming. This research was motivated by the quest to find answers to questions such as; why development policies during the last two decades not succeeded in achieving Economic growth in countries of this region particularly Cameroon and why the country/ region still beleaguered by poverty and debt despite haven implemented various economic development plans. In recent years, the role of tourism has become increasingly recognized in its role of economic growth and poverty alleviation. This study attempts to unveil tourism's contribution to economic growth and to push for Tourism development as an al ternative economic growth alternative to Cameroon. Previous economic policies have ignored to tie economic growth within the country's socio-economic, geo-political and environmental circumstances. Findings from this work suggest that any sound economic policy can not afford to ignore the country's stock of both human and fiscal capital. Findings presented herewith validate Tourism as a feasible indigenous economic growth alternative that helps bringing employment, capital investment and protect the environmental ruin.

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A Study On Irrigation Water Price Structure and Prescription (농업용수의 가격구조에 관한 연구)

  • 심기영
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.15 no.4
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    • pp.3170-3180
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    • 1973
  • This study of the subject will review past and present irrigation development in Korea. Particular attention will be given to water pricing structure and a case study on the purpose of rational operation and management of irrigation water and organizations, and the optimum irrigation water and organizations, and the optimum irrigation water fee inorder to reduce farmers burden and to rationalize the farmland associations management so as to achieve development of the rural environment. In 1971, the reservoir of the Farmland Improvement A sociation (FIA) produced only 775 millison $m^3$ of irrigation water or 77% of planned capacity of 1,015 million $m^3$. It was caused by inefficient maintenance of irrigation facilities; for instance, about 21% of reservoirs, pumping stations and weirs in Korea have been silted by soil erosion which hinder to water production according to an ADC survey. The first Irritation Association was established in 1906, whcih was renamed the Farmland Assoeiation by the Rural Development Enouragement Law in 1970. By the end of 1971, 411,000 ha of rice paddies were under the control of 267 associations nationwide. The average water price assessed by Associations nationwide rose from 790 won per 0.1 ha. in 1966 to 1,886 won in 1971. The annual growth rate was 20%. The highest water price in 1971 was 4,773 won her 0.1 ha. and the lowest was 437 won. This range was caused by differences in debt burden, geographic conditions and management efficiency among the Associations. In 1971, the number of Associations which exceeded the average water price of 1,886 won per 0.1 ha. was 144, or 55.1% of all Association. In determination of water price, there are two principles; one is determined by production cost such as installation cost of irrigation facilities, maintenance cost, management cost and depreciation ect. For instance, the Yong San River Development project was required 33.7 billion won for total construction and maintenance cost is 3.1 billion won for repayment, maintenance and management cost per year. The project produces 590 million $m^3$ of irrigation water annually. Accordingly, the water price per $m^3$ is 5.25 won. The other principle is determined by water value in the crop products and in compared with production of irrigated paddy and non-irrigated paddy. By using this method, water value in compared with paddy rice vs. upland rice(Average of 1967-1971) was 14.15 won per $m^3$ and irrigated paddy vs. non-irrigated paddy was 2.98 won per $m^3$. In contrast the irrigation fee in average association of 1967-1971 was 1.54 won per $m^3$. Accordingly, the current national average irrigation fee(water price) is resonable compared with its water value. In this study, it is found that the ceiling of water price in terms of water value is 2.98 won per $m^3$ or 2,530 won per 0.1 ha. However, in 1971 55% of the associations were above the average of nationwide irrigation fees. which shows the need for rationalization of the Association's management. In connection with rationalization of the Association's management, this study recommends the following matters. (1) Irrigation fee must be assessed according to the amount of water consumption taking intoaccount the farmer's ability. (2) Irrigation fee should be graded according to behefits and crop patterns. (3) Training personnel in the operation and procedures of water management to save O&M costs. (4) Insolvent farmland association should be integrated into larger, sound associations in the same GUN in order to reduce farmers' water cost. (5) The maintenance and repair of existing irrigation facilities is as important as expansion of facilities. (6) Establishment of a new Union of Farmland Association is required to promoted proper maintenance and to protect the huge investment in irrigation facilities by means of technical supervision and guidance.

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