Economic Analysis of Informal Structures in Rural Areas

Author: Liu Zhaofa
Publisher:
Publish Date: 2002-08-01
Features: Rural Chinese society is predominantly a society where informal structures are dominant, and it is a society where personalized exchange is prominent. Therefore, informal structures are not only a lubricant for the economic exchange in rural society but also a direct factor in determining the prices in the economic exchange process. The author analyzes the role of informal structures in resource allocation from several dimensions, such as rural special interpersonal relationships, rural folk borrowing, and rural social security. The author argues that the process of rural social modernization is one where informal structures gradually decline and formal structures grow stronger. Additionally, the author proposes concrete ideas on how to resolve, integrate, and enhance China's rural informal structures. This book is not only valuable for theoretical researchers engaged in rural studies but also serves as a quick meal for those who wish to read the great book of rural China.