2007•Unpublished venueRequires access

Bringing the Role of Informal Finance into Play in the Development of Rural Economy

HE Lu-ling

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Abstract

In recent years,the activation of informal finance in rural areas has proved its own advantages,and at the same time reflected some defects in formal finance.Therefore,we should take a dialectical view of informal finance,and make better use of its advantages so as to bring its role into full play in developing rural economy.

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What this paper is about

In recent years,the activation of informal finance in rural areas has proved its own advantages,and at the same time reflected some defects in formal finance.Therefore,we should take a dialectical view of informal finance,and make better use of its advantages so as to bring its role into full play in developing rural economy.

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Available abstract

In recent years,the activation of informal finance in rural areas has proved its own advantages,and at the same time reflected some defects in formal finance.Therefore,we should take a dialectical view of informal finance,and make better use of its advantages so as to bring its role into full play in developing rural economy.

Key concepts: Informal sector, Rural economy, Finance, Dialectic, Access to finance, Rural area, Business, Economics

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