000 05214nam a22006735i 4500
001 197634
003 IT-RoAPU
005 20221214233013.0
006 m|||||o||d||||||||
007 cr || ||||||||
008 220302t20122012nyu fo d z eng d
019 _a(OCoLC)979904744
020 _a9780801450624
_qprint
020 _a9780801465956
_qPDF
024 7 _a10.7591/9780801465956
_2doi
035 _a(DE-B1597)9780801465956
035 _a(DE-B1597)478678
035 _a(OCoLC)809834617
040 _aDE-B1597
_beng
_cDE-B1597
_erda
050 4 _aHG2051.C6
_bO54 2016
072 7 _aBUS004000
_2bisacsh
082 0 4 _a332.710951
_223
084 _aonline - DeGruyter
100 1 _aOng, Lynette H.
_eautore
245 1 0 _aProsper or Perish :
_bCredit and Fiscal Systems in Rural China /
_cLynette H. Ong.
264 1 _aIthaca, NY :
_bCornell University Press,
_c[2012]
264 4 _c©2012
300 _a1 online resource (232 p.) :
_b35 tables, 8 line figures, 3 maps
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 0 _tFrontmatter --
_tContents --
_tList of Figures --
_tList of Tables --
_tList of Abbreviations --
_tAcknowledgments --
_tPart I. Overview and Research Questions --
_t1. Local Governments, Rural Credit, and Regional Development in China --
_tAppendix: Case Study Indicators, Household Survey, and Sources --
_t2. The Rural Financial System and Rural Development in China --
_tPart II. The Design of China's Economic and Political Institutions --
_t3. The Design of China's Rural Credit Institutions --
_t4. The Implications of Cadre Evaluation and Fiscal System for Local-Government Behavior --
_tAppendix: Township Cadre Evaluation Criteria in Wenling County, Zhejiang Province --
_tPart III. Case Studies: Blind Men and the Elephant --
_t5. Diverging Pathways to Prosperity: Privately Led vs. Local Government-Led Industrialization --
_t6. The Local Government-Led Path to Rural Decay --
_tAppendix: Revenue and Expenditures of the Perished Townships --
_tConclusion --
_tAppendix: List of Non-Survey Field Interviews, 2003-6 --
_tNotes --
_tGlossary of Chinese Terms --
_tIndex
506 0 _arestricted access
_uhttp://purl.org/coar/access_right/c_16ec
_fonline access with authorization
_2star
520 _aThe official banking institutions for rural China are Rural Credit Cooperatives (RCCs). Although these co-ops are mandated to support agricultural development among farm households, since 1980 half of RCC loans have gone to small and medium-sized industrial enterprises located in, and managed by, townships and villages. These township and village enterprises have experienced highly uneven levels of success, and by the end of the 1990s, half of all RCC loans were in or close to default, forcing China's central bank to bail out RCCs. In Prosper or Perish, Lynette H. Ong examines the bias in RCC lending patterns, focusing on why the mobilization of rural savings has contributed to successful industrial development in some locales but not in others.Interweaving insightful and theoretically informed discussions of rural credit, development, governance, and bank bailouts, Ong identifies various sources for China's uneven development. In the highly decentralized fiscal environment of the People's Republic, successful industrialization has significant implications for rural governance. Local governments depend on revenue from industrial output to provide public goods and services; unsuccessful enterprises starve local governments of revenue and result in radical cutbacks in services. High peasant burdens, land takings without adequate compensation by local governments, and other poor governance practices tend to be associated with unsuccessful industrialization. In light of the recent liberalization of the rural credit sector in China, Prosper or Perish makes a significant contribution to debates within political science, economic development, and international banking.
530 _aIssued also in print.
538 _aMode of access: Internet via World Wide Web.
546 _aIn English.
588 0 _aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 02. Mrz 2022)
650 0 _aBanks and banking, Cooperative
_xChina.
650 0 _aBanks and banking, Cooperative
_zChina.
650 0 _aCentral-local government relations
_xChina
_xChina.
650 0 _aCentral-local government relations
_zChina.
650 0 _aLocal finance
_xChina.
650 0 _aLocal finance
_zChina.
650 0 _aRural credit
_xChina.
650 0 _aRural credit
_zChina.
650 0 _aRural development
_xChina.
650 0 _aRural development
_zChina.
650 4 _aAsian Studies.
650 4 _aGeneral Economics.
650 4 _aPolitical Science & Political History.
650 7 _aBUSINESS & ECONOMICS / Banks & Banking.
_2bisacsh
850 _aIT-RoAPU
856 4 0 _uhttps://doi.org/10.7591/9780801465956
856 4 0 _uhttps://www.degruyter.com/isbn/9780801465956
856 4 2 _3Cover
_uhttps://www.degruyter.com/document/cover/isbn/9780801465956/original
942 _cEB
999 _c197634
_d197634