EconPapers    
Economics at your fingertips  
 

Le bonheur est-il dans le prêt? Non, semble-t-on répondre de Chine

Thierry Pairault ()
Additional contact information
Thierry Pairault: CCJ - Chine, Corée, Japon - EHESS - École des hautes études en sciences sociales - UPD7 - Université Paris Diderot - Paris 7 - CNRS - Centre National de la Recherche Scientifique

Post-Print from HAL

Abstract: The limitation of financial and/or microfinancial risks is first and foremost a question of institutions and "financial culture". The great range of difficulties China has in reforming its financial system provides a mass of proof of this. Through lack of provision for collateral of certain property or of authorization of the constitution of securities, it is the practice itself of the loan which is restricted by it. Consequently, because there is no lessening of the risk, it is the spirit of enterprise which is holding back Chinese law. Some, however, attempt to overcome these obstacles, at their expense. This is recalled by the "Sun Dawuaffair" which serves here as an introduction before an examination of the Chinese law on securities, of the question of borrower and that of the loan communities, then an explanation of the dilemma of the creditor prisoner of his debt and, finally, onsideration of the traditional Chinese "popular" ways.

Keywords: entrepreneuriat; Chine; sûretés; développement économic; China; collateral; economic development; entrepreneurship (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations:

Published in Autrepart - Revue de sciences sociales au Sud, 2007, 44, pp.63-76

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00203135

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().

 
Page updated 2025-03-19
Handle: RePEc:hal:journl:halshs-00203135