Turvey, Calum G.; Kong, Rong - World Institute for Development Economic Research … - 2008
investigates the role of microcredit in China. It is argued that in China the conventional wisdom is to provide credit using … China. It explains why, in the absence of trust, rural credit corporations do not make loans to the very poor. Furthermore …, the model explains how Central party policies on rural credit can actually crowd out micro finance institution (MFI) and …