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investigates the role of microcredit in China. It is argued that in China the conventional wisdom is to provide credit using … China. It explains why, in the absence of trust, rural credit corporations do not make loans to the very poor. Furthermore …. Indeed, in the absence of flexible credit strategies, China?s rural poor will remain in a persistent food-insecure poverty …
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, but the government's debt burden is actually stopping several states from attaining the MDG targets. Although, in the … medium term the impact of the debt on poverty is not very harmful, in the longer run it has a significant negative impact …. Therefore for policy purposes reduction in debt should be given a priority. …
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