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Key to China's plans to promote rural development is the de-marginalisation of the countryside through the incorporation of rural areas into the urban-based market-oriented financial system. For this reason, Chinese development planners have turned to microcredit-i.e. the provision of small-scale loans to 'financially excluded' rural households-as a means of increasing 'financial consciousness' and facilitating rural de-marginalisation. Drawing on years of in-depth fieldwork in rural China, this book examines the formulation, implementation and outcomes of government-run microcredit programmes in China-illuminating the diverse roles that microcredit plays in local processes of socioeconomic development and the livelihoods of local actors. It details how microcredit facilitates de-marginalisation for some, while simultaneously exacerbating the marginalisation of others; and exposes the ways in which microcredit and other top-down development strategies reflect and reinforce the contradictions and paradoxes implicit in rural China's contemporary development landscape.
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Keywords
- Asia
- China
- East Asia, Far East
- Economics
- Economics, finance, business & management
- Geographical Qualifiers
- Microcredit
- Microeconomics
- thema EDItEUR::1 Place qualifiers::1F Asia::1FP East Asia, Far East::1FPC China
- thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCC Microeconomics
Links
DOI: 10.2307/j.ctvrs8xgqEditions