31. Vulnerability, Trust and Microcredit: The Case of China's Rural Poor
- Author:
- Calum G. Turvey and Rong Kong
- Publication Date:
- 05-2008
- Content Type:
- Working Paper
- Institution:
- United Nations University
- Abstract:
- This paper investigates the economic conditions of rural households in China. Historical survey data indicate that over 80 per cent of rural households earn less than 4,500 yuan in net disposable income each year, that for the vast majority of rural households disposable income is insufficient to meet food consumption needs, and that in terms of economic growth rural households are receiving an ever decreasing percentage of China's growing economy with rural household incomes being only 31 per cent of urban household income in 2004.
- Topic:
- Economics and Poverty
- Political Geography:
- China and Asia