Research on the Development Issues of Rural Finance in China

Author: Zhang Yuwen
Publisher:
Publishing Date: 2005-05-01
Features: This book is based on a thorough understanding of theories such as financial intermediation theory, financial deepening theory, and financial constraint theory. It identifies the shortcomings of these theories in analyzing financial issues in developing countries and critically incorporates their reasonable elements using the basic principles of Marxist political economy, applying them to the analysis of rural financial intermediation in China. Before exploring the current dilemmas in China's rural financial intermediation arrangements, it fully explains the reasons for the existence and expansion of China's "three rural" issues. The book studies rural financial intermediation organizations as a whole, analyzing the comparative advantages between formal financial intermediation organizations and informal financial intermediation organizations in overcoming information asymmetry, systematically examining the existing problems in China's rural financial intermediation, and proposing corresponding and relatively comprehensive policy recommendations. The book consists of an introduction, chapters 1 to 6, and a conclusion. The introduction explains the topic, background, significance, research methods, and overall structure of the paper. Chapters 1 to 6 are the main part of the book. Based on the analysis in the previous six chapters, the conclusion outlines the overall structural arrangement of China's rural financial intermediation. Additionally, in the conclusion, it highlights the innovations and shortcomings of the book and discusses the issues that will continue to be studied in the future.