TY  - BOOK
AU  - Ong,Lynette H.
TI  - Prosper or perish: credit and fiscal systems in rural China 
SN  - 9780801465512
AV  - HG2051 .P767 2012
PY  - 2012///
CY  - Ithaca
PB  - Cornell University Press
KW  - Rural credit
KW  - China
KW  - Rural development
KW  - Banks and banking, Cooperative
KW  - Local finance
KW  - Central-local government relations
KW  - Electronic Books
N1  - 2; Local governments, rural credit and regional development --; The rural financial system and rural development in China --; The design of China's rural credit institutions --; The implications of cadre evaluation and fiscal system for local government behavior --; Diverging pathways to prosperity : private sector-led and local government-led industrialization --; Local government-led path to rural decay; 2; b
N2  - "The 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"--Publisher's Web site
UR  - https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=671553&site=eds-live&custid=s3260518
ER  -