Informal Institutions And Rural Development In China
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Informal Institutions And Rural Development In China
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Author : Biliang Hu
language : en
Publisher: Routledge
Release Date : 2007-08-07
Informal Institutions And Rural Development In China written by Biliang Hu and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-08-07 with Business & Economics categories.
Providing an account of the role of informal institutions in Chinese rural development, this book puts forth a distinctive argument on a very important topic in Chinese economic and social affairs. Winner of the 2008 Zhang Peigang Development Economics Award
Informal Institutions And Financial Burdens In Rural China
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Author : Michael Kevin Smith
language : en
Publisher:
Release Date : 2009
Informal Institutions And Financial Burdens In Rural China written by Michael Kevin Smith and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with China categories.
Informal Institutions Collective Action And Public Investment In Rural China
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Author : Yiqing Xu
language : en
Publisher:
Release Date : 2014
Informal Institutions Collective Action And Public Investment In Rural China written by Yiqing Xu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
Do informal institutions, rules and norms created and enforced by social groups, promote good local governance in environments of weak democratic or bureaucratic institutions? This question is difficult to answer because of challenges in defining and measuring informal institutions and identifying their causal effects. In the paper, we investigate the effect of lineage groups, one of the most important vehicles of informal institutions in rural China, on local public goods expenditure. Using a panel dataset of 220 Chinese villages from 1986 to 2005, we find that village leaders from the two largest family clans in a village increased local public investment considerably. This association is stronger when the clans appeared to be more cohesive. We also find that clans helped local leaders overcome the collective action problem of financing public goods, but there is little evidence suggesting that they held local leaders accountable.
Informal Institution Meets Child Development
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Author : Can Tang
language : en
Publisher:
Release Date : 2022
Informal Institution Meets Child Development written by Can Tang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
Using a national representative sample, the China Family Panel Studies, this paper explores the influences of clan culture, a hallmark of Chinese cultural history, on the prevalence of child labor in China. We find that clan culture significantly reduces the incidence of child labor and working hours of child laborer. The results exhibit strong boy bias, and are driven by boys rather than girls, which reflects the patrilineal nature of Chinese clan culture. Moreover, the impact is greater on boys from households with lower socioeconomic status, and in rural areas. Clan culture acts as a supplement to formal institutions: reduces the incidence of child labor through risk sharing and easing credit constraints, and helps form social norms to promote human capital investment. We also employ an instrument variable approach and carry out a series of robustness checks to further confirm the findings.
Finance In Rural China
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Author : Xingyuan Feng
language : en
Publisher: Taylor & Francis
Release Date : 2023-03-24
Finance In Rural China written by Xingyuan Feng and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-24 with Business & Economics categories.
This book offers insights into the scholarly debates on formal and informal finance in rural China and fills a gap in the existing literature. The book provides an overview of the overall development of rural finance in China and explains the necessity of embarking on the pathway toward rural financial pluralization through the "Local Knowledge Paradigm". The authors also analyze formal and informal financial development and inclusive finance (including digital inclusive finance) in rural China in various dimensions. This book aids the understanding of the structure of the rural financial system and the operations of rural financial service providers in China. It will be a useful reference for those researching and interested in rural economy and rural finance.
Rural Household Finance In Chinai A Study On Peasant Household Cooperative Financial Institutions In China From The Perspective Of The Household Contract System
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Author : Fan Dijun
language : en
Publisher: Paths International Ltd
Release Date : 2016-01-30
Rural Household Finance In Chinai A Study On Peasant Household Cooperative Financial Institutions In China From The Perspective Of The Household Contract System written by Fan Dijun and has been published by Paths International Ltd this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-01-30 with Political Science categories.
This book analyses the financial and rural economic reform of China.Since China started the "e;revolution"e; of the rural economy in 1978 a series of reforms has been implemented in the area of rural finance focusing on institutional changes. Looking back on these "e;historical changes"e;, we can find that there is still a long way to go. China's Central Government has put forward a new concept in the rural financial system. In this book, with cases from Fengyang County and Anhui Province, the birthplace of Chinese rural reform, the author tries to study how to set up a modern rural financial system under the framework of incentive compatible mechanism theory, which was advanced by Nobel prize winners L. Hurwicz, Myeson and Maskin.This book summarizes the reform of China's rural economics and the function of financial cooperation within this policy. Few scholars have studied this subject thoroughly. As rural financial cooperation becomes the hot spot of China's economic and finance reform, this book is both useful and unique. This book contains nine chapters. Chapter 1 is an introduction in which the central issue has been put forward and a survey has been made on the literature of rural finance in China and abroad. It has outlined the framework and contents and introduced the research methodology and possible innovations. And it has also proposed the direction and major issues for further research. Chapter 2 illustrates the main theories on which this research is based, including peasant economy theory and the incentive compatibility theory. Chapter 3 analyses rural households' financial needs under the Household Contract Responsibility System and investigates rural households' economic behaviors, saving behaviors and lending behaviors, as well as their demand constraint. By analyzing the cause and goal of the exogenous financial institutional arrangements, and also the performance of its institutional supply, chapter 4 reveals the incentive incompatibility of rural exogenous financial institutions. Chapter 5 looks at the evolution of the rural endogenous financial institution and reveals the causes of its repression in the state's preference of financial institution from a historical perspective. Based on the incentive compatible mechanism, chapter 6 puts forward two models of rural household cooperative financial institution, namely, peasant credit cooperative and federation of rural credit cooperatives. Based on analyzing the credit basis of rural household cooperative financial institution (village culture) and its compatibility with the family contract system, chapter 7 shows the effectiveness of the institutional arrangements of rural household cooperative finance with the game analysis of rural households in relation with the exogenous and endogenous financial institutions and also from a comparative analysis of transaction costs and competitiveness. Chapter 8 tries to apply the model of institutions into practice. Through pilot experiment, it investigates the setting up and operation of peasant credit cooperatives and the Federation of Peasant Credit Cooperative in Fengyang County of Anhui Province, the birthplace of China's rural economic reform. With a comparative analysis of the performance of rural credit unions and village-township banks, it proves the effectiveness of the institutional arrangements of rural household cooperative finance. Chapter 9 is based on theoretical research and case studies, and draws a conclusion, and proposes corresponding policy-orientations.
Credit Rationing And Institutional Constraint
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Author : Xiangping Jia
language : en
Publisher: Peter Lang
Release Date : 2008
Credit Rationing And Institutional Constraint written by Xiangping Jia and has been published by Peter Lang this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Banks and banking categories.
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.
China S Rural Financial System
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Author : Yuepeng Zhao
language : en
Publisher: Routledge
Release Date : 2010-10-04
China S Rural Financial System written by Yuepeng Zhao and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-10-04 with Business & Economics categories.
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. Before 2006, 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 meet the increasing demands of farmers for varied financial services, and thereby contribute effectively to economic transformation in rural China. Based on a micro-study of three villages, at different stages of development 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 require. It examines the patterns of credit required by rural households at different stages of agricultural processes, and the institutions from which they obtain loans. 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 to RCCs are necessary for RCCs to be truly effective.
Organizing Rural China Rural China Organizing
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Author : Ane Bislev
language : en
Publisher: Lexington Books
Release Date : 2012-04-05
Organizing Rural China Rural China Organizing written by Ane Bislev and has been published by Lexington Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-04-05 with History categories.
During the early 1980s China embarked on what can be seen as one of the world’s largest social experiments ever. Decollectivization meant much more than the reorganization of agricultural production into family based farming. It signalled significant changes to rural social relations, when privatization, marketization and increased geographical mobility started tearing apart the economic and social institutions that had structured collective village life under Mao. The focus of this book is on how rural society has been reorganized in the 21st century. The first chapters outline the basic organizational structure of rural China and can be used as an introduction to the topic in a classroom setting. They show how the state and its social scientists draw up plans to overcome the perceived lack of rural social organization, and discuss the often problem-ridden implementation of their ideas. The second section presents case studies of institutions that organize key aspects of rural life: Boarding schools where rural children learn to accept organizational hierarchies; lineage organizations carving out new roles for themselves; “dragonhead enterprises” expected to organize agricultural production and support rural development, and several others. The book is of theoretical interest because of its focus on the re-embedding, or reintegration, of individuals into new types of collectivities, which are less predetermined by tradition and habit and more a matter of, at least perceived, individual choice. Most chapters are based on extensive fieldwork and contain vivid examples from daily life, which will make the book attractive to anyone who wants to understand how Chinese villagers experience the extraordinary social changes they are going through.
The Institutional Dynamics Of China S Great Transformation
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Author : Xiaoming Huang
language : en
Publisher: Routledge
Release Date : 2010-11-30
The Institutional Dynamics Of China S Great Transformation written by Xiaoming Huang and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11-30 with Business & Economics categories.
This book examines the role of institutions in China’s recent large-scale economic, social and political transformation. The book argues that, although the importance of institutions in China’s rapid economic growth and social development over the past 30 years is widely acknowledged, exactly how institutions affect changes in particular national and historical settings is less well understood. Unlike existing literature, it offers perspectives from a variety of disciplines - including law, economics, politics, international relations and communication studies – to consider whether institutions form, evolve and change differently according to their historical or cultural environments and if their utilitarian functions can, and should be, observed, identified and measured in different ways. The book discusses China’s political and legal institutions; the international institutions with which China engages; institutions promoting science and technology; media companies; and local institutions including the household registration system. It also examines how institutions themselves have been formed, changed and re-formed over recent decades, and suggests theoretical and methodological adjustments in institutional analysis to allow a fuller understanding of the institutional dynamics of China’s transformation.