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Author:
Publisher: World Bank Publications
ISBN:
Category : Agricultural credit
Languages : en
Pages : 32
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Book Description
Author:
Publisher: World Bank Publications
ISBN:
Category : Agricultural credit
Languages : en
Pages : 32
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Book Description
Author: Hong Fu
Publisher: Springer
ISBN: 3319768018
Category : Business & Economics
Languages : en
Pages : 440
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Book Description
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 Agricultural Banks. This book uses primary data and papers to present a full picture of the difficult conditions China faced during the Republican era in order to explain the myriad reforms to the country's rural credit system. 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. This rich, wide-ranging, and stimulating work will appeal both to readers focused on present day China and those who want to understand China’s rural economy and credit policies in a historical context.
Author: Kumar, Anjani
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 36
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Book Description
A goal of agricultural policy in India has been to reduce farmers’ dependence on informal credit. To that end, recent initiatives have been focused explicitly on rural areas and have had a positive impact on the flow of agricultural credit. But despite the significance of these initiatives in enhancing the flow of institutional credit to agriculture, the links between institutional credit and net farm income and consumption expenditures in India are not very well documented. Using a large national farm household–level dataset and instrumental variables two-stage least squares estimation methods, we investigate the impact of institutional farm credit on farm income and farm household consumption expenditures. Our findings show that in India, formal credit is indeed playing a critical role in increasing both the net farm income and per capita monthly household expenditures of Indian farm families. We also find that, in the presence of formal credit, social safety net programs such as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) may have unintended consequences. In particular, MGNREGA reduces both net farm income and per capita monthly household consumption expenditures. In contrast, in the presence of formal credit, the Public Distribution System may increase both net farm income and per capita monthly household consumption expenditures.
Author: Jane Du
Publisher: Springer Nature
ISBN: 3031700279
Category :
Languages : en
Pages : 149
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Book Description
Author: Hao Hu
Publisher: Springer
ISBN: 3030126889
Category : Business & Economics
Languages : en
Pages : 324
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Book Description
This edited volume analyzes land utilization data from farm surveys taken in China between 1929 and 1933. This data, which was the foundation for John Lossing Buck’s seminal work Land Utilization in China (1937), was thought lost to history until rediscovered in 2000. The book presents the first modern analyses of agricultural economics in Republican China using Buck’s micro-data, covering important topics such as nutritional poverty, tenancy issues, land productivity, surplus labor, workers’ incomes, credit supply, and regional differences. Through using modern analytical methods, this book presents a more accurate picture of the agricultural economy in the Republican Era and will be of particular interest to agricultural economists, economic historians, and Chinese studies scholars.
Author: Xiangping Jia
Publisher: Peter Lang
ISBN: 9783631582855
Category : Business & Economics
Languages : en
Pages : 172
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Book Description
The availability of credit has long occupied a central place in development strategies. Rural credit institutions are more than an instrument of intermediation, they also handle risk, mobilize and disseminate information about market and technology. Given the informational problems and innate disadvantages of rural credit markets, the rationale for laissez-faire and liberalization is by no means based on a sound understanding of the state's role in redressing market failures. This study examines the rural credit market in China, its impacts on agricultural transformation and the state's role in the functioning of markets. The particular objectives are to identify the determinants of credit rationing in both formal and informal sectors, to show the extent of credit rationing, to reveal the dynamic role of institutional lending in agricultural transformation, and to understand the challenges in developing efficient institutions.
Author: Runsheng Yin
Publisher: Springer Science & Business Media
ISBN: 904812655X
Category : Science
Languages : en
Pages : 281
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Book Description
China has been undertaking unprecedented ecological restoration efforts to deal with its problems of soil erosion, flooding, dust storms, and habitat loss. While there have been studies of these efforts, questions remain concerning whether they have been effectively implemented, what their induced socioeconomic and ecological impacts are, and how their performance can be improved. Tackling these important questions in an integrated manner, “An Integrated Assessment of China’s Ecological Restoration Programs” is extraordinary for its broad coverage and methodological rigor. It provides a substantial improvement over the conventional approach of simply reporting projects undertaken and accepting uncritically the government assessment, and thus fills an important knowledge gap of the restoration efforts being implemented upon a variety of ecosystems in China.
Author:
Publisher:
ISBN:
Category : Asia
Languages : en
Pages : 276
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Book Description
Author: Balana, Bedru
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 28
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Book Description
The agricultural sector in Nigeria is characterized by low productivity that is driven by low use of modern agricultural technologies, such as improved seed, chemical fertilizer, agrochemicals, and agricultural machinery. Poor access to credit is claimed to be one of the key barriers to adoption of these technologies. This study examines the nature of credit constraints among smallholder farmers – whether smallholders are credit constrained or not and the extent to which credit constraints emanate from supply-side or demand-side factors. Using multinomial probit and seeming unrelated simultaneous equations econometric models with data from the 2018/19 Living Standards Measurement Study-Integrated Surveys on Agriculture (LSMS-ISA) for Nigeria, the study investigates the factors affecting credit access and the effects of these credit constraints on adoption of four agricultural technologies – inorganic fertilizer, improved seed, agrochemicals, and mechanization. The results show that about 27 percent of survey households were found to be credit constrained – 12.8 percent due to supply-side factors and 14.2 percent due to demand-side factors. Lack of access to information and communication technology, extension services, and insurance coverage are the major demand-side factors negatively affecting smallholder’s access to credit. Registered land tiles and livestock ownership enhance credit access. Credit constraints manifests themselves differentially on the adoption of different agricultural technologies. While adoption of inorganic fertilizer and improved seed are significantly affected by credit constraints from both the supply and the demand-sides; use of agricultural machinery is affected only by demand-side factors, while use of agrochemicals is not affected from either supply or demand-side credit factors. From a policy perspective, our findings indicate that improving credit access via supply-side interventions alone may not necessarily boost use of modern agricultural technologies by smallholder farmers in Nigeria. Demand-side factors, such as access to information, extension services, and insurance cover, should equally be addressed to mitigate the credit constraints faced by smallholders and increase their adoption of modern agricultural technologies and improve their productivity.
Author: Dong Fureng
Publisher: Springer
ISBN: 1349224421
Category : Business & Economics
Languages : en
Pages : 120
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Book Description
This book analyses China's historical experience of industrialization. It adopts a critical stance towards China's development strategy and proposes an alternative approach, outlining its main features. Due to the great importance and special problems of China's rural modernization, special attention is devoted to analysis of the rural sector. Many of China's rural socio-economic problems are similar to those encountered in other developing countries. It is intended that the book will increase understanding of China's socio-economic development as well as contributing to wider debates in the theory of economic development.
