Sponsored by Rural Development Institute Chinese Academy of Social Sciences
ISSN 1006-4583 CN 11-3586/F
6 issues per year
Discipline(s): Sociology & Demography; Economics & Finance
Current Issue: Issue 05, 2018
The journal makes deep searches on rural reformation and development and shows current condition of chinese villages in different points of view. Main readers include researchers of rural economics and theory institutes, teachers and students of higher education and people who search rural economics and social problems.
Tackling poverty in social development has always been an important challenge in development economics. It also remains a key problem, from a policy decision-making perspective, to sustain innovative solutions to tackle persistent poverty. This paper explored the aspirations of the poor population as a key to the endogenous dynamical mechanism, and sought to establish its relationship with subsequent investments. It took investment as the main line of analysis, and created a theoretical framework of Aspirations-Investment-Poverty. Based on analyzing the heterogeneity of individual aspirations, the research divided the population below the poverty line into a high-aspiration group and a low-aspiration group. For the former group, the study put forward the transfusion oriented policy supply in order to eliminate the external constraints that restrict capital investment. As to the latter group, the research suggested an increase in aspirations creation policy supply in order to drive people in the latter group to step into the high-aspiration group, after which the transfusion oriented policy supply can be used to promote their capital investment behaviors.
There are many factors that affect farmers’ behavior. Previous scholars have constructed different paradigms of analysis based on certain academic disciplines and concerns. In relative terms, the Guanxi paradigm has a greater explanatory power in understanding social behavior of traditional Chinese farmers. However, limitations also exist. Taking into consideration those limitations and current changes in reality, the study proposes to explore and expand the connotations of Guanxi, so that a transformation of the Guanxi paradigm can be achieved from a social sphere to a macro level. The analysis of farmers’ behavior shows that Guanxi-behavior paradigm is demonstrated as three sub-paradigms: a social Guanxi-behavior one, a political Guanxi-behavior one and an economic Guanxi-behavior one. Based on the analysis, the study proposes that the relationship and behavior of farmers are developing towards individualization, and that the Guanxi-behavior paradigm will change accordingly.
The impact of social networks on credit default risk of rural households in underdeveloped areas: an inhibition or an incentive?
Using survey data on rural households of Xinjiang Uygur Autonomous Region in 2016, this paper divided the credit process of rural households into credit demand, credit availability and credit default, and constructed a three-stage simultaneous Probit model to identify the determinants of farmers’ credit default in less developed areas. The study revealed that social networks not only influenced farmers’ credit demand, credit availability, and access to credit, but also ultimately affected farmers’ credit default risk in less developed areas. The impacts of different types of social networks differed. The analysis showed that individual social networks could improve farmers’ repayment ability, but it could also reduce their repayment willingness that eventually functioned as an incentive for credit default of rural households. Group social networks could improve farmers’ repayment capacity and their repayment willingness, thus inhibiting farmers from credit default. Besides, the credit environment could affect the impact of individual and group social networks. Therefore, it is necessary to pay attention to heterogeneity of different types of social networks, to promote construction of the rural credit environment and to improve the rural financial ecological environment.