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PDF
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Type:
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Conference Paper |
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Author:
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Tang, Shui-Yan |
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Conference:
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Workshop on the Workshop |
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Location:
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Workshop in Political Theory and Policy Analysis, Indiana University, Bloomington, IN |
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Conf. Date:
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June, 1994 |
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Date:
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1994 |
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URI:
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https://hdl.handle.net/10535/5014
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Sector:
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Social Organization |
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Region:
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East Asia |
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Subject(s):
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informal economy
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Abstract:
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"Taiwan is a case which shows how informal credit markets help to compensate for the limitations of the formal financial system, especially in satisfying the needs of medium and small enterprises.
Government regulations and policies affect the way participants in informal credit markets solve selection, enforcement, and incentive problems. Recent changes demonstrate the continued resilience and
relevance of informal credit markets during a process of financial liberalization."
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