"San nong" problems and the challenges of the rural financial system in China -- Literature gap and research objectives -- Fieldwork villages, procedures and the RCCs pilot program in Jiangxi -- Households' indebtedness and borrowing behaviour in the natural village of Yao -- Households' indebtedness and borrowing behaviour in the natural village of Wulitang -- Households' indebtedness and borrowing behaviour in the natural village of Xiaobu -- Analytical summary of the three villages
Summary
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 meet the increasing demands of farmers for varied f
