Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Credit unions --- Banks and banking, Cooperative --- Cooperative banks --- Credit cooperatives --- People's banks --- Banks and banking --- Cooperative societies --- Thrift institutions

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Banks and banking, Cooperative.. --- Europe. --- Cooperative banks --- Credit cooperatives --- People's banks --- Banks and banking --- Cooperative societies --- Council of Europe countries --- Eastern Hemisphere --- Eurasia

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

The official banking institutions for rural China are Rural Credit Cooperatives (RCCs). Although these co-ops are mandated to support agricultural development among farm households, since 1980 half of RCC loans have gone to small and medium-sized industrial enterprises located in, and managed by, townships and villages. These township and village enterprises have experienced highly uneven levels of success, and by the end of the 1990's, half of all RCC loans were in or close to default, forcing China's central bank to bail out RCCs. In Prosper or Perish, Lynette H. Ong examines the bias in RCC lending patterns, focusing on why the mobilization of rural savings has contributed to successful industrial development in some locales but not in others. Interweaving insightful and theoretically informed discussions of rural credit, development, governance, and bank bailouts, Ong identifies various sources for China's uneven development. In the highly decentralized fiscal environment of the People's Republic, successful industrialization has significant implications for rural governance. Local governments depend on revenue from industrial output to provide public goods and services; unsuccessful enterprises starve local governments of revenue and result in radical cutbacks in services. High peasant burdens, land takings without adequate compensation by local governments, and other poor governance practices tend to be associated with unsuccessful industrialization. In light of the recent liberalization of the rural credit sector in China, Prosper or Perish makes a significant contribution to debates within political science, economic development, and international banking.

Rural credit --- Rural development --- Banks and banking, Cooperative --- Local finance --- Central-local government relations --- Cooperative banks --- Credit cooperatives --- People's banks --- Banks and banking --- Cooperative societies --- Credit --- E-books

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Banks and banking, Cooperative --- Cooperative banks --- Credit cooperatives --- People's banks --- Banks and banking --- Cooperative societies --- History --- Mouvement des caisses populaires Desjardins --- Mouvement des caisses populaires et d'économie Desjardins --- History.

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This edited volume showcases how the European cooperative banks have continued to evolve amid a new competitive scenario that resulted from the Global Financial Crisis started in Europe in 2008. The cooperative banking paradigm has been put under an unprecedented pressure as a consequence of factors such as the exceptionally low interest rates set by the European Central Bank, low profitability generated by traditional banking services—which are the backbone of the cooperative banking business—and the entrance of fintech companies into the banking market. Furthermore, tightening regulation since the beginning of the crisis has produced an increased capital and liquidity burden which in some cases have forced cooperative banks to reduce lending to their members and customers, putting under question the traditional countercyclical role of cooperative banks in periods of crisis. For these reasons, it is of the utmost value to observe and analyse how cooperative banks have been reacting in the attempt to preserve their unique business model and, at the same time, to keep providing credit to the economy. A number of scholars active in the cooperative banking sector have been involved in this edited volume as contributors.

Banks and banking, Cooperative --- Monetary policy --- Cooperative banks --- Credit cooperatives --- People's banks --- Banks and banking --- Cooperative societies --- Banks and banking. --- Financial crises. --- Banking. --- Financial Crises. --- Crashes, Financial --- Crises, Financial --- Financial crashes --- Financial panics --- Panics (Finance) --- Stock exchange crashes --- Stock market panics --- Crises --- Agricultural banks --- Banking --- Banking industry --- Commercial banks --- Depository institutions --- Finance --- Financial institutions --- Money