Financing food production - a sector perspective in Malaysia

Tan S.H., . (1985) Financing food production - a sector perspective in Malaysia. [Proceedings Paper]

Malaysia's food policy had for a long time been synonymous with its rice policy. With rapid technological change and income growth there had been a perceptible shift from rice alone toward the more income-elastic food products. Such changes presented enormous challenges and opportunities for more highly processed food whether fresh or canned. Direct public sector financing had been generous and was reinforced by institutional credit and mandatory private lending. These measured however addressed only the concept of ex-ante equity while the ex-post performance was often different. Existing financing practices particularly short-term production credit often came up to a costly inefficient income maintenance programme. Greater planning efforts would be required to ensure more intensive land use through integrated crop and livestock farms linked to the food service processing sectors; and to develop new models of financing which would overcome some of the institutional and cultural factors that obstruct the fuller utilization of land. The whole issue of concessionary interest rate should be reviewed to make financing small farmers attractive to the banking community

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Abstract

Malaysia's food policy had for a long time been synonymous with its rice policy. With rapid technological change and income growth there had been a perceptible shift from rice alone toward the more income-elastic food products. Such changes presented enormous challenges and opportunities for more highly processed food whether fresh or canned. Direct public sector financing had been generous and was reinforced by institutional credit and mandatory private lending. These measured however addressed only the concept of ex-ante equity while the ex-post performance was often different. Existing financing practices particularly short-term production credit often came up to a costly inefficient income maintenance programme. Greater planning efforts would be required to ensure more intensive land use through integrated crop and livestock farms linked to the food service processing sectors; and to develop new models of financing which would overcome some of the institutional and cultural factors that obstruct the fuller utilization of land. The whole issue of concessionary interest rate should be reviewed to make financing small farmers attractive to the banking community

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Item Type:	Proceedings Paper
Additional Information:	4 tables; 4 ref. Summary En
AGROVOC Term:	MALASIA
AGROVOC Term:	PRODUCCION ALIMENTARIA
AGROVOC Term:	POLITICA ALIMENTARIA
AGROVOC Term:	INDUSTRIA ALIMENTARIA/ PRESTAMOS
Geographical Term:	MALAYSIA
Depositing User:	Ms. Norfaezah Khomsan
Last Modified:	24 Apr 2025 05:25
URI:	http://webagris.upm.edu.my/id/eprint/14351

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