Thursday, January 15, 2015Tweet
[IWS] World Bank: [CHINA] ACCESS TO FINANCE: MICROFINANCE INNOVATIONS IN THE PEOPLE'S REPUBLIC OF CHINA [15 January2015]
IWS Documented News Service
Institute for Workplace Studies-----------------Professor Samuel B. Bacharach
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ACCESS TO FINANCE: MICROFINANCE INNOVATIONS IN THE PEOPLE'S REPUBLIC OF CHINA [15 January2015]
[full-text, 130 pages]
The People's Republic of China has taken a more market-oriented approach and promoted institutional reforms in rural microfinance since 2005.
The People’s Republic of China (PRC) has adopted a more market-oriented approach by promoting rural microfinance, pursuing bottom-up innovations such as group lending, various forms of guarantees, new financial products based on purchase orders and insurance policies, and better incentives for agriculture funding from financial institutions. In 2009, the PRC sought the assistance of the Asian Development Bank to study how to optimize policy choices in rural finance using both top-down and bottom-up approaches. This report presents the findings of the rural microfinance study, including valuable lessons learned from several pilot microlending programs conducted in selected provinces in the PRC. It then analyzes outstanding issues in the country’s rural and microfinance markets that need to be addressed more vigorously.
Rural Financial Innovation in the People’s Republic of China
Rural Financial Regulation and Supervision
Financing the Agricultural Value Chain
NGO Microfinance: The Case of CFPA Microfinance
Village Development Mutual Aid Funds: The Case of Sichuan
Lessons and Future Directions
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