Abstract
The construction of people’s livelihood in rural areas not only needs to meet their basic requirements such as elders’ care, medical care, and insurance and so on, but also needs to encourage people living in rural areas and make them have confidence to earn a better live through the improvement of self-development ability. “Insufficiency of self-development ability” and “the lack of opportunity of development” are two of the most important barricades, which interact rural “finance exclusion” as both cause and effect and exert reciprocal intensification as well. The interviewing result from the 1938 random samples of local citizens living in villages and towns, which belong to 5 provinces and 26 counties and cities, shows that “lack of funds” is the hugest barricade that prevents peasants improving their self-development ability. The situation is mostly caused by “non-physical finance exclusion”. To govern this situation, the diversity of rural finance requirements and financial ecology cannot be separated and combination usage of different kinds of governance tools is needed.
Highlights
To ensure the simultaneous growth of people’s livelihood and economy and to avoid the “the trap of lack of people’s livelihood” should be the key points of construction of rural people’s livelihood
The interviewing result from the 1938 random samples of local citizens living in villages and towns, which belong to 5 provinces and 26 counties and cities, shows that “lack of funds” is the hugest barricade that prevents peasants improving their self-development ability
In spite of using different indexes, all those methods mentioned above have a similar conclusion: finance exclusion in rural areas are more serious than that in urban areas; rural finance exclusion in western China is more serious than that in eastern China; there are no coherent measuring result among all the provinces and the result shows a tendency of fluctuation
Summary
To ensure the simultaneous growth of people’s livelihood and economy and to avoid the “the trap of lack of people’s livelihood” should be the key points of construction of rural people’s livelihood. East Asian countries’ economic and social development illustrates that construction of people’s livelihood, which. (2014) Governance Research of Chinese Rural Finance Exclusion Based on Peasant Survey. As far as peasants and other disadvantaged groups are concerned, the essence of construction of people’s livelihood should be more than what’s mentioned above. Its major theme is to encourage the peasants that they can have a better life in the future with their effort on the improvement of self-development ability. The situation is mostly caused by “non-physical finance exclusion”. To govern this situation, the diversity of rural finance requirement and financial ecology cannot be separated; combination usage of different kinds of governance tools is needed
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