Rural Finance in poverty-stricken areas in the people's republic of China: Zhang Xuechun, Xu Zhong, Shen Minggao and Cheng Enjiang. balancing government and market/

Cover;
Contents;
Preface;
About the Authors;
Foreword:
Nurturing Local Financial Strength in Rural Areas;
Abbreviations;

Introduction; Ensuring Access to Finance;
Promoting the Domestic Opening of Financial Markets;

Part I. An Overview of Rural Finance;
Chapter 1. Rural Financial Reform;
History of Rural Finance in the People's Republic of China;
Main Issues of the Rural Financial System in the People's Republic of China;
Lessons from Rural Finance Reform;

Chapter 2. Rural Economic Situation;
General Economic Situation;
Industrial Structures;
Agriculture Loans;
Fiscal Position.

Chapter 3: Rural Financial Services for the poor and the Rural Migrants
Local Institutional Outlets
Agriculture and Poverty Reduction Loans
Remittances of Rural Migrants


PART II: Current Rural Financial Policy
Chapter 4: Capital Flows and Rural Finance
Interregional Capital Flows
Loans and Deposits

Chapter 5: Interest Rate Policy
Changes in Rural Deposits and Loans
Market Distortions and Efficiency of Rural Financial Institutions
Institutional Response to Market Distortions


PART III: Financial Models
Chapter 6: Coperative Finance
Principles of Cooperative Finance and International Experience
Lessons of Cooperative Finance in the People's Republic of China;
Strengths of Rural Credit Cooperative Reform Policies;
Rural Credit Cooperative Reform Policy Issues;
Evaluation of Rural Credit Cooperative Reform Policy;

Chapter 7. Microfinance;
Diversified Microfinance Development Model;
Lessons of Microfinance;
Development and Innovation of Microfinance in the People's Republic of China;
International Microfinance Donor Agencies;
Reasons for the Slow Development of Microfinance;
A New Phase of Microfinance Development.

Chapter 8. Informal Finance
Informal Finance in the People's Republic of China;
Informal Finance in Poverty-Stricken Areas;
Informal Financial Institutions;
Comparison of Formal and Informal Finance;
Rural Finance Options in Poverty-Stricken Areas;

Part IV. Surveys, Pilot Studies, and Policy Recommendations;
Chapter 9. Surveys and Pilot Projects;
Poverty Reduction Loans;
Rural Remittance;
Cooperative Finance;
Microfinance;
Informal Finance;

Chapter 10. Policy Recommendations;
General Policy Considerations;
Poverty Reduction Loans;
Rural Remittance;
Cooperative Finance;
Microfinance.

Chapter 11. Opening the Rural Financial Market and Piloting New Rural Financial Institutions
Important Issues in Opening the Rural Financial Market;
Additional Requirements;
Cost-Effective Approach;

Appendix;
List of Tables;
A.1: Number of Banking Outlets, by Region, 2005;
A.2: Credit Market Concentration in Sample Counties, 1999-2003;
A.3: Rural Deposits in Sample Counties, 1999-2003;
A.4: Rural Loans in Sample Counties, 1999-2003;
A.5: Rural Credit Cooperatives' Nonperforming Loans, Bad Debt, and Losses in Sample Counties, 1999-2003.