INFORMAL CREDIT MARKETS AND ECONOMIC-DEVELOPMENT IN TAIWAN

被引：25

作者：

TANG, SY

机构：

[1] University of Southern California, Los Angeles

来源：

WORLD DEVELOPMENT | 1995年 / 23卷 / 05期

关键词：

D O I：

10.1016/0305-750X(95)00014-4

中图分类号：

F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];

学科分类号：

0201 ; 020105 ; 03 ; 0303 ;

摘要：

Taiwan is a case which shows how informal credit markets help to compensate for the limitations of the formal financial system, especially in satisfying the needs of medium and small enterprises. Government regulations and policies affect the way participants in informal credit markets solve selection, enforcement, and incentive problems. Recent changes demonstrate the continued resilience and relevance of informal credit markets during a process of financial liberalization.

引用

页码：845 / 855

页数：11

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