2006•Gansu Theory ResearchRequires access
Present Situation and Futher Development Tendency of the Informal Finance in Rural Area of China
Chang Ming-ming
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Abstract
Contrasted to the formal finance,the informal finance in rural area has obvious superiority,and partly resolved the problem of capital scarcity that caused by the insufficient supply of formal finance.This paper points out that the informal finance in rural area must be used to promote the need of rural economic development.