Research on the Rural Financial Market in China

Author: Liu Minquan
Publisher:
Publish Date: 2006-08-01
Features: This book provides a comprehensive summary of research on rural financial markets both domestically and internationally. On one hand, it systematically reviews the characteristics, operational patterns, and functions of the informal financial sector in rural financial markets, analyzing the historical process of reform in China's rural financial market. On the other hand, it systematically organizes research findings on the financing needs of small and medium-sized enterprises (SMEs) and households, the causes and extent of financing constraints, and contract enforcement. This systematic literature review will provide convenience for researchers and policymakers in related fields domestically. Based on this systematic literature review, combined with extensive field research and investigations, the book conducts rigorous empirical analysis and case studies on capital flows, the role of the informal financial sector, and risk control in rural areas. At the same time, the book proposes a market-oriented reform plan to break the geographical restrictions of rural credit cooperatives and promote their mutual competition. These studies aim to leverage the comparative advantages of both the formal sector and the informal financial sector to meet the diverse financial needs of SMEs and households, thereby promoting rural economic development. This book provides a comprehensive summary of research on rural financial markets both domestically and internationally. On one hand, it systematically reviews the characteristics, operational patterns, and functions of the informal financial sector in rural financial markets, analyzing the historical process of reform in China's rural financial market. On the other hand, it systematically organizes research findings on the financing needs of small and medium-sized enterprises (SMEs) and households, the causes and extent of financing constraints, and contract enforcement. This systematic literature review will provide convenience for researchers and policymakers in related fields domestically.