Читать книгу Rural Finance in Poverty-Stricken Areas in the People's Republic of China - Xuechun Zhang - Страница 9

The key to opening financial markets to domestic players is to endow enterprises and individuals with lawful financial rights, enabling those most effective in capital utilization to lawfully participate in financing activities. This requires innovation in financial systems and instruments, though decisions about which systems and instruments are the most effective should be left to markets rather than to governments. Legalization of informal finance is part of opening the market to domestic players, because informal finance is the means by which enterprises and individuals allocate credit resources based on market price signals.