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...
Main Authors: | , |
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Format: | Journal article |
Language: | English |
Published: |
Elsevier
2003
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