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The evolution of agricultural credit during China's Republican era, 1912-1949

Author: Hong Fu; Calum G Turvey
Publisher: Cham, Switzerland : Palgrave Macmillan, [2018]
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
In the modern era, China's rural credit landscape is transforming at a dizzying rate, but, in terms of financial development, these changes represent a second attempt in the past 100 years to reform China's credit institutions and provide credit access to farmers. The first period was during the Republican era, between 1912 and 1949, which saw the first attempts at formalizing rural credit with the Industrial and  Read more...
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Genre/Form: Electronic books
History
Additional Physical Format: Print version:
(OCoLC)1022080494
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Hong Fu; Calum G Turvey
ISBN: 9783319768014 3319768018
OCLC Number: 1038470826
Description: 1 online resource
Contents: 1. Current Conditions of Rural Credit in China --
2. China's Sorrow --
3. Low-Level Equilibrium and Fractional Poverty Traps --
4. Traditional Forms of Credit in Rural China --
5. Emergence of Modern Rural Financial Institutions in the Warlord Era: 1912-28 --
6. Estimating the Demand for Farm Credit in the Republican Era --
7. The China International Famine Relief Commission --
8. Rural Reconstruction --
9. A Blueprint for Credit under Rural Reconstruction --
10. Evolution of Cooperative Financial System: 1927-49 --
11. Chinese Communists, Border Currency, and Agricultural Credit during Wartime --
12. The Farmers Bank of China --
13. Nong Ben Ju, the Farm Credit Bureau, and KMT's Agrarian Policy --
14. Successes and Failures of Agricultural Cooperatives and Credit Societies.
Responsibility: Hong Fu, Calum G. Turvey.

Abstract:

In the modern era, China's rural credit landscape is transforming at a dizzying rate, but, in terms of financial development, these changes represent a second attempt in the past 100 years to reform  Read more...

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Fu and Turvey build a narrative around these developments based on the foundation of thousands of years of dynastic rule in order to explore the specific impacts of drought, floods, famine, communist insurgencies, Japanese expansionism, and more on credit access, supply and demand. They consider powerful personalities--such as J.B. Taylor, John Lossing Buck, Paul Hsu and Timothy Richards--and influential institutions--from Nanking and Nankai Universities to the China International Famine Relief Commission--that sought ways to end the cycle that trapped the vast majority of Chinese farmers in poverty. 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