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China's Rural Financial System: Households' Demand for Credit and Recent Reforms

China's Rural Financial System: Households' Demand for Credit and Recent Reforms

Hardcover

Series: Routledge Studies on the Chinese Economy, Book 39

EconomicsInvesting & Finance

ISBN10: 0415547938
ISBN13: 9780415547932
Publisher: Routledge
Published: Nov 1 2010
Pages: 192
Weight: 0.99
Height: 0.50 Width: 6.14 Depth: 9.21
Language: English

This book examines the credit needs and the borrowing behaviour of rural households in China in recent years. Based on a micro-study of three villages with dissimilar economic characteristics in Jiangxi province, this book investigates the sources of finance, formal and informal, in rural areas and the different types of credit that farmers demand. It demonstrates the importance of innovative institutional arrangements in rural China and new instruments that give farmers access to formal rural financial markets and enable them to utilize credit effectively, concluding that further reforms are necessary for this to be achieved.

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