Structured Microfinance in China
Author
Summary, in English
In this paper we discuss the potential for commercial microfinance in China. Particular emphasis is put on securitization of microloans and on structured microfinance in a China context. Three particular factors that we believe could support a strong growth in Chinese structured microfinance are (i) the lack of currency risk, (ii) the scale advantages and (iii) the massive potential interest from traditional, domestic as well as international, financial firms. On the policy side, structured microfinance could be an important tool for fighting unemployment in China. It could also be used to circumvent corruption or government bureaucracy in the microlending process.
Department/s
Publishing year
2007
Language
English
Publication/Series
Working Papers, Department of Economics, Lund University
Issue
18
Full text
- Available as PDF - 161 kB
- Download statistics
Links
Document type
Working paper
Publisher
Department of Economics, Lund University
Topic
- Economics
Keywords
- commercial microfinance
- structured finance
- securitization
- China
Status
Published