China's Rural Financial System : Households' Demand for Credit and Recent Reforms
ISBN: 9780415547932 | 0415547938
Format: HardcoverPublisher: Routledge
Pub. Date: 10/20/2010
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This book examines the credit needs and the borrowing behaviour of rural households in China in recent years. It is based on in-depth analysis of the status of households' indebtedness and borrowing behaviour; the performance of Rural Credit Cooperatives (RCCs), as well as resources of informal finance. RCCs are virtually the only source of formal credit for rural households in China and were subject to a series of reforms from 1996 to 2003. The reforms aimed to transform RCCs into market-oriented institutions and, more importantly, help them m... MORE
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