Social and Economic Systems Studies: The Journal of the Japan Association for Social and Economic Systems Studies
Online ISSN : 2432-6550
Print ISSN : 0913-5472
Conflicts in the process to get rid of an immobilized debt in dairy farm
Isao YOKOMIZO,Kazuki ONOCHIKoki ICHII
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2016 Volume 37 Pages 117-124

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Abstract

 In dairy farms in Japan, there is the case falling into such an immobilized debt that the disposable income cannot fill up for the amount of interest and principal repayment, and living expenditure for a long term. Special Loans for Livestock is an important aid package to get rid of an immobilized debt. However, conflicts occur in the process to get rid of an immobilized debt in not only dairy farms but also their supporting groups. Because it is basic to increase a disposable income by not new investment but cost cut, as a condition to lend Special Loans for Livestock. However, to get rid of an immobilized debt, a dairy farm may need minimum investment truly. This is the element which conflict occurs. In this report, we focused on the conflict of one dairy farm and his supporting groups, clarified such a mechanism that they overcame, and derived future lessons.

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© 2016 The Japan Association for Social and Economic Systems Studies
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