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9780415421775

Informal Institutions and Rural Development in China

by ;
  • ISBN13:

    9780415421775

  • ISBN10:

    0415421772

  • Edition: 1st
  • Format: Hardcover
  • Copyright: 2007-08-20
  • Publisher: Routledge

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Summary

Providing an account of the role of informal institutions in Chinese rural development, this book, based on a decade of fieldwork of village life in the Chinese countryside, puts forth a distinctive argument on a very important topic in Chinese economic and social affairs. Focusing in particular on three major informal institutions: village trust and Rotating Savings and Credit Associations (ROSCAs), guanxi community and Integrating Village with Company (IVWC) governance, it argues that informal institutions, traditions and customs are all critical factors for facilitating modernization and social and economic development, promoting the integration of trust, reciprocity, responsibility and obligation into economic and social exchange processes and considerably lowering risks and transactions costs. This detailed account is an invaluable resource for postgraduates and researching studying and working in this area. Winner of the 2008 Zhang Peigang Development Economics Award.

Author Biography

Biliang Hu is Professor of Economics at the Graduate School of the Chinese Academy of Social Sciences and Senior Research Fellow of the Academy's Rural Development Institute.

Table of Contents

List of illustrationsp. xi
Forewordp. xiv
Forewordp. xx
Forewordp. xxiii
Prefacep. xxvi
Acknowledgementsp. xxvii
List of abbreviationsp. xxix
Introduction: background to the researchp. 1
Village trust, guanxi community and IVWC governance: an interdisciplinary approach to informal institutional analysis in rural Chinap. 9
Indigenous conceptions of networksp. 41
Selection of research areasp. 67
Village trust and bidding ROSCAsp. 100
Guanxi community and people's mobilityp. 129
Guanxi community and TVE development in Chinap. 175
The institution of 'integrating village with company' (IVWC) and rural community developmentp. 216
Conclusion: integration of tradition and modernity - towards understanding institutional arrangements in China's modernizationp. 260
Glossary of Chinese termsp. 286
Notesp. 296
Bibliographyp. 319
Indexp. 341
Table of Contents provided by Ingram. All Rights Reserved.

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