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Spatial Variety versus Centralization: Change in Eighteenth-Century Credit Markets

Philip T. Hoffman, Gilles Postel-Vinay, and Jean-Laurent Rosenthal

in Dark Matter Credit

Published in print:
2019
Published Online:
May 2019
ISBN:
9780691182179
eISBN:
9780691185057
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691182179.003.0003
Subject:
Business and Management, Business History

This chapter talks about how in the long buildup to the 1780s, the economy had been growing, along with the population, literacy rates, and inequality. At the same time, the volume of private lending ... More


The Evolution of Informal Finance in China and Its Prospects

Shuxia Jiang

in Informal Finance in China: American and Chinese Perspectives

Published in print:
2009
Published Online:
February 2010
ISBN:
9780195380644
eISBN:
9780199869329
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195380644.003.0002
Subject:
Economics and Finance, International, South and East Asia

This chapter details the evolution of Chinese informal finance, describing the different types of informal finance that have eased constraints posed by the formal financial sector. It discusses why ... More


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