Vulnerability, Trust and Microcredit: The Case of China's Rural Poor

Calum Turvey and Rong Kong

No RP2008-52, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper investigates the economic conditions of rural households in China. Historical survey data indicate that over 80 per cent of rural households earn less than 4,500 yuan in net disposable income each year, that for the vast majority of rural households disposable income is insufficient to meet food consumption needs, and that in terms of economic growth rural households are receiving an ever decreasing percentage of China's growing economy with rural household incomes being only 31 per cent of urban household income in 2004.

Keywords: Credit; Economic equilibrium; Food security; Microfinance; Rural development (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-agr, nep-cna, nep-dev, nep-mfd, nep-soc and nep-tra
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Citations: View citations in EconPapers (2)

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