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Credit cooperatives in Israeli agriculture

Author

Listed:
  • Kislev, Yoav
  • Lerman, Zvi
  • Zusman, Pinhas

Abstract

In the last two or three decades, moshavim and kibbutzim developed entensively, adopted new technologies, reacted quickly to changes in market conditions, and established a network of farm services owned and operated by farmers and their representatives. Financial cooperation helped to make this intensive development possible and was effective when appropriate conditions prevailed. Cooperation in credit also caused overexpansion and overinvestment. Debt grew to crisis proportions. When macroeconomic conditions changed and the expansion of credit slowed down, the sector found itself trapped in financial impossibilities. Now cooperation ties farmers and organizations together and intensifies the dimensions of the crisis.

Suggested Citation

  • Kislev, Yoav & Lerman, Zvi & Zusman, Pinhas, 1989. "Credit cooperatives in Israeli agriculture," Policy Research Working Paper Series 156, The World Bank.
    • Handle: RePEc:wbk:wbrwps:156
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    References listed on IDEAS

    as
    1. Haruvi, Nava & Kislev, Yoav, 1984. "Cooperation in the Moshav," Journal of Comparative Economics, Elsevier, vol. 8(1), pages 54-73, March.
    2. Zusman, Pinhas, 1976. "The Incorporation and Measurement of Social Power in Economic Models," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 17(2), pages 447-462, June.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Zusman, Pinhas & Rausser, Gordon C., 1994. "Intraorganizational influence relations and the optimality of collective action," Journal of Economic Behavior & Organization, Elsevier, vol. 24(1), pages 1-17, June.
    2. Shoshanna Griver & Itay Fischhendler, 2021. "The Social Construction of Food Security: The Israeli Case," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 13(5), pages 1303-1321, October.
    3. Bar-Nahum, Ziv & Reznik, Ami & Finkelshtain, Israel & Kan, Iddo, 2022. "Centralized water management under lobbying: Economic analysis of desalination in Israel," Ecological Economics, Elsevier, vol. 193(C).

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