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Development on Loan: Microcredit and Marginalisation in Rural China

By: Material type: TextTextLanguage: English Series: Publication details: Amsterdam Amsterdam University Press 2019Description: 1 electronic resource (285 p.)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9789048544271
  • j.ctvrs8xgq
Subject(s): Online resources: Summary: Key to China's plans to promote rural development is the de-marginalisation of the countryside through the incorporation of rural areas into the urban-based market-oriented financial system. For this reason, Chinese development planners have turned to microcredit-i.e. the provision of small-scale loans to 'financially excluded' rural households-as a means of increasing 'financial consciousness' and facilitating rural de-marginalisation. Drawing on years of in-depth fieldwork in rural China, this book examines the formulation, implementation and outcomes of government-run microcredit programmes in China-illuminating the diverse roles that microcredit plays in local processes of socioeconomic development and the livelihoods of local actors. It details how microcredit facilitates de-marginalisation for some, while simultaneously exacerbating the marginalisation of others; and exposes the ways in which microcredit and other top-down development strategies reflect and reinforce the contradictions and paradoxes implicit in rural China's contemporary development landscape.
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Key to China's plans to promote rural development is the de-marginalisation of the countryside through the incorporation of rural areas into the urban-based market-oriented financial system. For this reason, Chinese development planners have turned to microcredit-i.e. the provision of small-scale loans to 'financially excluded' rural households-as a means of increasing 'financial consciousness' and facilitating rural de-marginalisation. Drawing on years of in-depth fieldwork in rural China, this book examines the formulation, implementation and outcomes of government-run microcredit programmes in China-illuminating the diverse roles that microcredit plays in local processes of socioeconomic development and the livelihoods of local actors. It details how microcredit facilitates de-marginalisation for some, while simultaneously exacerbating the marginalisation of others; and exposes the ways in which microcredit and other top-down development strategies reflect and reinforce the contradictions and paradoxes implicit in rural China's contemporary development landscape.

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