Książka Credit Rationing and Institutional Constraint Xiangping Jia

Credit Rationing and Institutional Constraint

Evidence from Rural China

Autor: Xiangping Jia
Język: Angielski
Oprawa: Miękka
Wydawca: Peter Lang AG
Dostępność: Na zamówienie
Wysyłamy za 17-27 dni
291.05
The availability of credit has long occupied a central place in development strategies. Rural credit...

Informacje o książce

Język
Angielski
Oprawa
Książka - Miękka
Data wydania
2008
strony
146
EAN
9783631582855
ISBN
9783631582855
Enbook ID
10020485
Wydawca
Waga
236
Wymiary
254 x 150 x 14

Pełny opis

The availability of credit has long occupied a central place in development strategies. Rural credit institutions are more than an instrument of intermediation, they also handle risk, mobilize and disseminate information about market and technology. Given the informational problems and innate disadvantages of rural credit markets, the rationale for laissez-faire and liberalization is by no means based on a sound understanding of the state's role in redressing market failures. This study examines the rural credit market in China, its impacts on agricultural transformation and the state's role in the functioning of markets. The particular objectives are to identify the determinants of credit rationing in both formal and informal sectors, to show the extent of credit rationing, to reveal the dynamic role of institutional lending in agricultural transformation, and to understand the challenges in developing efficient institutions.

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