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Providing an account of the role of informal institutions in Chinese rural development, this book, based on a decade of fieldwork of village life in the Chinese countryside, puts forth a distinctive argument on a very important topic in Chinese economic and social affairs.

Focusing in particular on three major informal institutions: village trust and Rotating Savings and Credit Associations (ROSCAs), guanxi community and Integrating Village with Company (IVWC) governance, it argues that informal institutions, traditions and customs are all critical factors for facilitating...

Covers topics in relation to the financial crisis in China, such as how the financial crisis intensifies discussion on 'the China Model', the comprehensive interpretation on the scale, structure and effects of the 4 trillion economic stimulus plan and the development of rural finance in China under circumstances of world-wide financial upheaval.

Providing an account of the role of informal institutions in Chinese rural development, this book, based on a decade of fieldwork of village life in the Chinese countryside, puts forth a distinctive argument on a very important topic in Chinese economic and social affairs.

In recent years, a financial crisis not encountered for almost half a century broke out globally, deeply affecting the economy of China. This book covers topics in relation to the financial crisis in China, such as how the financial crisis intensifies discussion on "the China Model", the comprehensive interpretation on the scale, structure and effects of the 4 trillion economic stimulus plan, and the development of rural finance in China under circumstances of world-wide financial upheaval.

The story of one village, Yantian, and its remarkable economic and social transformation, this book shows how outcomes are shaped by a number of factors such as path dependence, social structures, economic resources and local entrepreneurship.