Credit Cooperation in Russia: Accumulated Problems and Their Solutions
In: Moscow University Economics Bulletin, Band 2018, Heft 1, S. 82-104
The subject of the study is the financial and economic activities of the subjects of domestic credit cooperation at the present stage. The purpose of the work is to determine the contradictions in the functioning of credit consumer cooperatives (at the micro and macro levels) and to develop practical measures to resolve them. The article singles out seven main groups of problems an unbalanced structure of the rights and obligations of the shareholders of credit cooperatives, low degree of state regulation of the credit cooperative market, instability in the subject composition of the credit cooperative market, low degree of security of the invested funds in credit cooperatives, ultra-low openness of financial statistics of credit cooperation, low transparency of the conditions for the provision of financial services by credit 83 cooperatives, insufficient attention to strategic planning and conducting scientific and practical consultations.