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Back-Alley Banking: Private Entrepreneurs in China by Kellee S. Tsai (Paperback, 2004)

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Product Information

Chinese entrepreneurs have founded more than thirty million private businesses since Beijing instituted economic reforms in the late 1970s. Most of these private ventures, however, have been denied access to official sources of credit. State banks continue to serve state-owned enterprises, yet most private financing remains illegal. How have Chinese entrepreneurs managed to fund their operations? In defiance of the national banking laws, small business owners have created a dizzying variety of informal financing mechanisms, including rotating credit associations and private banks disguised as other types of organizations. Back-Alley Banking includes lively biographical sketches of individual entrepreneurs; telling quotations from official documents, policy statements, and newspaper accounts; and interviews with a wide variety of women and men who give vivid narratives of their daily struggles, accomplishments, and hopes for future prosperity. Kellee S. Tsai's book draws upon her unparalleled fieldwork in China's world of shadow finance to challenge conventional ideas about the political economy of development. Business owners in China, she shows, have mobilized local social and political resources in innovative ways despite the absence of state-directed credit or a well-defined system of private property rights. Entrepreneurs and local officials have been able to draw on the uncertainty of formal political and economic institutions to enhance local prosperity.

Product Identifiers

Publisher
Cornell University Press
ISBN-13
9780801489174
eBay Product ID (ePID)
96157791

Product Key Features

Book Title
Back-Alley Banking: Private Entrepreneurs in China
Author
Kellee S. Tsai
Format
Paperback
Language
English
Topic
Economics, History
Publication Year
2004
Type
Textbook
Number of Pages
336 Pages

Dimensions

Item Height
235mm
Item Width
155mm
Item Weight
28g

Additional Product Features

Title_Author
Kellee S. Tsai
Topic Area
Political Science
Country/Region of Manufacture
United States

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Back-Alley Banking: Private Entrepreneurs in China by Kellee S. Tsai (Paperback, 2004)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

Best Selling in Books

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Become What You Are: Expanded Edition by Alan W. Watts (Paperback, 2003)

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House of Leaves by Mark Z. Danielewski (Paperback, 2000)

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