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2011•Journal of Henan University of TechnologyRequires access

"DOUB LE FAILURE" IN RURAL FINANCIAL MARKETS & PARETO IMPROVEMENT——based onthe perspective of policy support

Huang Yong-tao

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Abstract

There has been double failure in China's rural financial markets.At present,it's difficult for small loan companies and the ideas of rural credit cooperatives reform and development to work out ways of improving the rural financial market conditions.Given the special nature and complexity of rural financial markets,the orderly and healthy development of rural financial markets can only be ensured fundamentally by establishing policy support,forming a pattern of market competition and fully opening to financial institutions.

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What this paper is about

There has been double failure in China's rural financial markets.At present,it's difficult for small loan companies and the ideas of rural credit cooperatives reform and development to work out ways of improving the rural financial market conditions.Given the special nature and complexity of rural financial markets,the orderly and healthy development of rural financial markets can only be ensured fundamentally by establishing policy support,forming a pattern of market competition and fully opening to financial institutions.

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Available abstract

There has been double failure in China's rural financial markets.At present,it's difficult for small loan companies and the ideas of rural credit cooperatives reform and development to work out ways of improving the rural financial market conditions.Given the special nature and complexity of rural financial markets,the orderly and healthy development of rural financial markets can only be ensured fundamentally by establishing policy support,forming a pattern of market competition and fully opening to financial institutions.

Key concepts: Loan, Financial market, Business, Market failure, Competition (biology), Work (physics), Indirect finance, Perspective (graphical)

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"DOUB LE FAILURE" IN RURAL FINANCIAL MARKETS & PARETO IMPROVEMENT——based onthe perspective of policy support — Research Paper | ScholarLens