Development on Loan: Microcredit and Marginalisation in Rural China (Transforming Asia, #2)

by Nicholas Loubere

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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.
  • ISBN10 9048544270
  • ISBN13 9789048544271
  • Publish Date 7 November 2019
  • Publish Status Active
  • Imprint Amsterdam University Press
  • Format eBook
  • Pages 284
  • Language English