INSTITUTIONAL AGRICULTURAL CRÉDIT'S PROJECTS AND FAILURES IN THE CONTEMPORARY SPAIN

Abstract

The article carries out a first revision about the legislation in relation to the agricultural credit in Spain, a second part is based on the numerous institutions which practiced it, and it finishes with a third epigraph which includes the hypothetical failure's causes and some explanations about it. In the first ones is demonstrated that the institutional agricultural credit was full of purposes and projects, but none of them was put into practice with an acceptable level of efficiency and of this economical activity modernization. It didn't reach nor a legislative neither institutional mature, laws and institutions were annexed by external to the credit itself elements, and they subdued the country people to several ideological, political, social, religious and moral control means. The last part is about how it didn't reach its main material functions: supplying capital to the countryside, mobilizing property as financial source, stimulating productive transformations, improving country people's material conditions and modernizing the sector. Most of the institutions caused a traditional farmer culture prevalence and obstructed the incorporation of new habits and attitudes which were representative of a contemporary agricultural running and a financial behavior.