The informal credit market remains an important source of finance for the poor in Vietnam. Yet, little if anything is known about the ultimate impact of informal loans on poverty and inequality. If informal credit is an important means to decrease poverty, the government may want to reconsider...

Purpose – The purpose of this paper is to examine the effect of perceived land tenure security in China on farmers' decisions to invest in relatively long‐term land quality improvement measures, taking into account the potential endogeneity of tenure security. Design/methodology/approach –...