| The Reasolis Why Informal Finance Exists and Some Suggestions on Policy |
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| 引用本文： | Yuanwei Zhang Qiyun Fang. The Reasolis Why Informal Finance Exists and Some Suggestions on Policy[J]. 中国经济评论(英文版), 2005, 4(8): 54-57 |
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| 作者姓名： | Yuanwei Zhang Qiyun Fang |
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| 作者单位： | [1]Huazhong University of Science and Technology/Wuhan Institute of Technology [2]Huazhong University of Science and Technology |
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| 摘 要： |
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The Reasolis Why Informal Finance Exists and Some Suggestions on Policy |
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| Abstract: | Compared with formal finance, informal finance owns advantages in information and collateral. These are the reasons why informal finance exists widely in many ways. However, informal finance has its deficiencies too. On the basis of the analysis of the advantages and deficiencies of informal finance, the paper also offers some suggestions on policy that government should adopt on informal finance. |
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| Keywords: | informal finance medium and small enterprises credit market |
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