Joint Liability Lending and the Rise and Fall of China’s Township and Village Enterprises.

Using data from a recent survey of bank and enterprise managers and government officials in southern China, we present a new explanation for the rise and fall of collectively-owned township and village enterprises (TVEs) based on the willingness of banks to finance collective...

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Bibliographic Details
Main Authors: Park, A, Shen, M
Format: Journal article
Language:English
Published: Elsevier 2003