Providing an account of the role of informal institutions in Chinese rural development, this book, based on a decade of fieldwork of village life in the Chinese countryside, puts forth a distinctive argument on a very important topic in Chinese economic and social affairs. Focusing in particular on three major informal institutions: village trust and Rotating Savings and Credit Associations (ROSCAs), guanxi community and Integrating Village with Company (IVWC) governance, it argues that informal institutions, traditions and customs are all critical factors for facilitating modernization and social and economic development, promoting the integration of trust, reciprocity, responsibility and obligation into economic and social exchange processes and considerably lowering risks and transactions costs.
This detailed account is an invaluable resource for postgraduates and researching studying and working in this area. Winner of the 2008 Zhang Peigang Development Economics Award.
| ISBN: | 9780415542852 |
| Publication date: | 22nd March 2013 |
| Author: | Biliang Hu |
| Publisher: | Routledge an imprint of Taylor & Francis Ltd |
| Format: | Paperback |
| Pagination: | 380 pages |
| Series: | Routledge Studies on the Chinese Economy |
| Genres: |
Development studies Development economics and emerging economies Politics and government |
Providing an account of the role of informal institutions in Chinese rural development, this book, based on a decade of fieldwork of village life in the Chinese countryside, puts forth a distinctive argument on a very important topic in Chinese economic and social affairs. Focusing in particular on three major informal institutions: village trust and Rotating Savings and Credit Associations (ROSCAs), guanxi community and Integrating Village with Company (IVWC) governance, it argues that informal institutions, traditions and customs are all critical factors for facilitating modernization and social and economic development, promoting the integration of trust, reciprocity, responsibility and obligation into economic and social exchange processes and considerably lowering risks and transactions costs.
Informal Institutions and Rural Development in China features in the following genres: Development studies, Development economics and emerging economies, Politics and government
Paperback, Ebook, Hardback. £28.79, down from the £31.99 cover price. Not Available.
Informal Institutions and Rural Development in China was written by Biliang Hu and published by Routledge an imprint of Taylor & Francis Ltd
Informal Institutions and Rural Development in China has 380 pages
Yes it is part of Routledge Studies on the Chinese Economy series
£28.79, reduced from £31.99. Not Available.