Shaming Microloan Delinquents: Evidence from a Field Experiment in China

2021 ◽  
Author(s):  
Di Bu ◽  
Yin Liao
Keyword(s):  
Information Sharing ◽  
Rural China ◽  
Mechanism Analysis ◽  
Application Form ◽  
Loan Repayment ◽  
Traditional Societies ◽  
The Individual ◽  
Risk Insurance ◽  
Village Society ◽  
The Village

We study the effects of village credit information sharing on individual microloan repayment, using a randomized experiment with loan applicants from 40 villages in rural China. In our main treatment, customers received a message on the loan application form that “overdue payment (40 days after each installment due date) will be considered for public disclosure among the village by showing debtors’ names on a blackboard outside the village office of the microlending institution.” On average, this social appeal reduces the share of delinquents and the individual delinquency rate by 18.6% and 5.6% from baseline rates of 79.5% and 15.2%, respectively. The effects appear more pronounced among male and older borrowers. Additional treatments help to benchmark the effect against lender credit information sharing and separate the effects on adverse selection and moral hazard. Mechanism analysis shows that the publicly disclosed “blacklist” of delinquents affects borrowers’ repayment behaviors, partially through borrowers’ fear of losing informal risk insurance from the village society and predominately through public shaming penalties. Overall, these results support that, in traditional societies, social appeals can provide not only pecuniary, but also psychological incentives to improve loan repayment. Psychological incentives, to some extent, have stronger effects.

The Economy of Wellbeing in Beji: Pesantren and Entrepreneurship in Village Community

2019 ◽  
Vol 4 (1) ◽  
pp. 94-102
Author(s):  
Syamsul Hadi
Keyword(s):  
Religious Education ◽  
Common Good ◽  
Economic Benefits ◽  
Economic Behavior ◽  
Mutual Help ◽  
Depth Interview ◽  
Local Residents ◽  
Socio Economic Impact ◽  
Village Society ◽  
The Village

This article aims to explain the field findings related to the socio-economic conditions of the community in Beji village. The village was known as the base of the santri and the socio-economic impacts that provide value to the life of the community around the pesantren. The research used a qualitative method with a constructivism approach. Excavation of data through in-depth interview techniques and field observations and enriched with document studies. Informants interviewed were determined through the snowballing techniques. The result of the research shows that the existence of Manbail Futuh pesantren in the middle of village society not only serves to serve religious education (Islam) but with the number of santri coming from various regions, so the existence of pesantren also gives a socio-economic impact for the surrounding community. Against the community the economic benefits provided by pesantren is not active but passive. This is because the pesantren is limited to providing opportunities for local residents in the pesantren location to accommodate 833 students of mukim and has an active student of 2,469 people without attracting any pennies for "retribution". Sociologically, the socio-economic relation between pesantren and the local people who work as a sword gives birth to the pattern of the economic behavior of mashlahat. It can be said that the economic action played by pesantren is a substantive economy based on Islamic moral values, namely the principles of ta'awun (mutual help) and the principle of maslahat (the common good).

scholarly journals Intersecting social-capital and perceived-efficacy perspectives to explain underperformance in community-based monitoring

Evaluation ◽  
2017 ◽  
Vol 23 (3) ◽  
pp. 339-357 ◽  
Author(s):  
Sara Dewachter ◽  
Nathalie Holvoet
Keyword(s):  
Social Capital ◽  
Information Sharing ◽  
Information Network ◽  
Community Based ◽  
Perceived Efficacy ◽  
Leadership Efficacy ◽  
Efficient Information ◽  
Social Capital Perspective ◽  
The Village ◽  
Efficacy Profile

While community-based monitoring is becoming increasingly commonplace, evidence as to its functioning remains inconsistent. Based on Ugandan village network and survey data, this article studies community-based monitoring from a social-capital and perceived-efficacy perspective. From a social-capital perspective, the prospects for community-based monitoring look promising as there is a high social-capital stock and an efficient information-sharing network galvanizing information for a few key individuals. The dominant efficacy profiles are also encouraging as there is an abundance of ‘followers’ (with high belief in collective capabilities) and some ‘leaders’ for collective action (with high belief in individual and collective capabilities). And yet, few community-based monitoring activities are undertaken. Our article shows that only the intersection of both theoretical lenses explains the underperformance in community-based monitoring, as those actors who are central in the information-sharing network do not have a ‘leadership’ efficacy profile while those who are ‘leaders’ are not central in the village information network.

scholarly journals Poverty alleviation research in rural China: Three decades and counting

2019 ◽  
Author(s):  
Jay Luo
Keyword(s):  
Poverty Alleviation ◽  
Poverty Reduction ◽  
Rural China ◽  
Safety Nets ◽  
Rural Governance ◽  
Negative Impacts ◽  
Development Outcomes ◽  
Social Safety Nets ◽  
The Impact ◽  
The Village

Poverty alleviation is a hallmark of post-revolution Chinese policymaking. Since 1978, the Communist Party of China (CPC) has implemented successive waves of poverty alleviation policies whose effects have become the focus of an ever-increasing body of academic literature. This paper reviews this diverse but limited literature that evaluates the impact of the CPC’s poverty reduction programs through four major channels, namely fiscal investment programs, social safety nets, rural governance on the village-, county- and provincial level, and the relocation of rural populations from destitute regions. This paper aims to synthesize results and evaluate whether and how the abovementioned poverty alleviation programs have had distinct positive or negative impacts on regional development outcomes. Furthermore, I highlight contradictions in empirical findings to motivate the discussion about contextual importance when designing and implementing future poverty alleviation programs. Finally, I suggest that an exhaustive and critical appraisal of the empirical strategies used in this literature would further the development and application of more accurate and informative methodologies.

scholarly journals REPORT BETWEEN SOCIAL ETHICS AND PERSONAL MORALS IN OUR DAYS

2019 ◽  
Vol 34 (6) ◽  
pp. 1737-1741
Author(s):  
Rita Loloçi ◽  
Orneda Gega Hoxha
Keyword(s):  
Moral Education ◽  
Social Ethics ◽  
Real Life ◽  
Human Society ◽  
Legal Rules ◽  
Or Groups ◽  
Traditional Societies ◽  
The Individual ◽  
Contemporary Development ◽  
Personal Ethics

In this study, we will try to explain the correlation that exists between social ethics and personal ethics. Today’s challenges of human society in the field of ethics, morality and consciousness are not the same in different eras and in nations or groups of states. All three of these domains move more slowly than other processes, but are indispensable in everyday life. State authority in constantly way strive to create legal rules, but their non-compliance with ethic, principles of morality and conscience create major problems in contemporary development. Rapid contemporary developments, especially those in the field of technology and science have brought other concepts to social and personal ethics, but the necessity of their presence always adapting to other conditions has been felt. Today’s man seeks to understand it more in the form of ethics and social education. For example: nudity, morality principles to this phenomenon have changed from generation to generation, once considered shame and today as something private. The reality of the moral and conceptual problems that human and society have had over law, the rights and ethics have changed, concepts have been overthrown, and the way how people have been judged for different situations has evolved. Individual’s education in the traditional societies have been very important issue in his/ her life. That was a lifelong learning process instead. Education’s main purpose was to help the individual during his/her life so that he/she was not only responsible and aware of the environment, but to prepare the individual to fit into real life. In the actual society there are different points of views as far as the moral and civilizing education bonds are concerned. A mutual environment asks for mutual values, but on the other hand it is assumed the need to understand, accept and support even the values which may be different from the individual ones. In other words, the civil education has to treat moral as a separate issue, even though there are different opinions like: moral is a personal choice, moral is given by God, moral is a social agreement, etc. What we should emphasize is the fact that dealing with similar points of view is as important as debating against the opposite ones. It would be very positive if this could be achieved for a common understanding. But does everyone understand what moral, social and personal ethic is? Another question adds to this one: How is the problem of moral going to be treated? And is it necessary to set tasks or duties on moral as well? What features must moral education have in a view of the evolution of society as whole in terms of a new worldview? Today humanity is on the rise and is heading towards great organisation, but one must keep in mind that within this uniformity there is also diversity to be respected. The new worldview must be open to new progress and thinking not only from the content but also from the form.

Travel and Travelers

2010 ◽  
Author(s):  
James Muldoon
Keyword(s):  
Cross Section ◽  
Medieval Literature ◽  
Canterbury Tales ◽  
Common Belief ◽  
China And India ◽  
The Bible ◽  
The World ◽  
English Society ◽  
The Individual ◽  
The Village

There is a common belief that medieval men and women lived their lives within a narrow geographical and psychological space, the village and the neighboring fields for the most part. According to this opinion, it was not until the Renaissance and the voyages of Columbus and those who followed him that Europeans became aware of the wider world around them and shed the blinders that had constrained them for centuries. What makes this opinion so at odds with medieval reality is that one of the most famous and widely read pieces of medieval literature, Chaucer’s Canterbury Tales, deals with the travels of a group of medieval Christians who range from a crusading knight to farm laborers, individuals representing a cross section of the middling levels of 14th-century English society. Merchants, crusaders, missionaries, pilgrims, exiles, and others motivated by simple restless curiosity traveled around Europe, to the edges of the Christian world, and then all the way to China and India and, sailing westward, to North America. Travel and travel imagery also played an important role in Christian life. The Bible begins with the creation of the world, traces the course of God’s involvement with his people over time, and concludes with the end of the world, the ultimate goal of mankind as defined by the Creator. The life of the individual Christian is a pilgrimage within this context, the movement of the soul to union with God, a microcosm of this larger narrative. It is no coincidence that the most famous work of medieval literature, Dante’s Divine Comedy, was cast as a travel tale.

Politics, Power, and the Role of the Village Priest in Paraguay

1967 ◽  
Vol 9 (2) ◽  
pp. 273-282 ◽  
Author(s):  
Frederic Hicks
Keyword(s):  
Latin American ◽  
Rural People ◽  
The People ◽  
Church Hierarchy ◽  
Personal Qualities ◽  
The Individual ◽  
The Village ◽  
Latin American Countries ◽  
The Church

The parochial priests in small Paraguayan towns are generally reputed, in Paraguay, to exercise an extraordinary amount of power and influence over the people of their parishes—to a greater extent, it would seem, than in most other Latin American countries. This is, moreover, despite the fact that the church, as an institution, is considerably weaker, economically and politically, than in all but a handful of such countries. Therefore, what power the individual priest may have can not be viewed as simply an extension of the power of the church. Most urban Paraguayans, including at least some members of the church hierarchy, are inclined to attribute this situation to the alleged superstitious or credulous nature of the Paraguayan peasants. The rural people themselves, on the other hand, are apt to explain the influence of their own local priest, at least, as due to his personal qualities or strength of character, as did the Services when referring to the prestige of the local priest of Tobati.

The impact of social security policies on farmland reallocation in rural China

2018 ◽  
Vol 10 (4) ◽  
pp. 626-646
Author(s):  
Li Huang ◽  
Rong Tan
Keyword(s):  
Social Security ◽  
Security Policy ◽  
Rural China ◽  
Land Development ◽  
Security Policies ◽  
Farm Income ◽  
Data Set ◽  
Content Type ◽  
The Impact ◽  
The Village

Purpose The purpose of this paper is to explore the causality between social security policies and farmland reallocation in rural China. Design/methodology/approach It quantitatively analyzes the impact of each ongoing social security policy on farmland reallocation based on a data set from the 2011 China Health and Retirement Longitudinal Study (CHARLS, 2011). Findings The study finds that the inclination of a village farmers’ collective to reallocate farmland due to changes in the village population increased if social security policies do not effectively cover the village because farmers rely primarily on income from farmland to cover their basic living expenses. However, if social security policies provide adequate coverage, then farmers do not rely entirely on on-farm income and the likelihood of farmland reallocation decreases. Furthermore, the effectiveness of social security policies includes not only coverage but also the sufficiency of the security policies provided. Research limitations/implications First, the authors use only cross-sectional data in this study, which may result in biased estimation and also limit temporal examination of the impact of social security systems, farmland reallocation and related policy variables. This limitation may be especially important in China because the country is undergoing a rapid socioeconomic transition. However, the research is constrained by the available data. Furthermore, there could be endogeneity problems that are difficult to address, given the current data set. These problems could involve the impacts of village-level economic, natural and social variables, the implementation of related public policies (land development and consolidation, land expropriation, etc.) and other economic variables. Practical implications These findings may provide implications for related policy reform in the near future. Originality/value These findings may facilitate a recognition and understanding of the causality between social security policies and farmland reallocation in rural China.

The Formation of Precapitalist Landlordism: The Case of Land Reform in Wanglinyang Village

Rural China ◽  
2019 ◽  
Vol 16 (1) ◽  
pp. 38-68
Author(s):  
Xuefang Pan
Keyword(s):  
Rural Community ◽  
Land Reform ◽  
Rural China ◽  
Arable Land ◽  
Class Struggle ◽  
Land Ownership ◽  
Social Differentiation ◽  
Class Relations ◽  
High Level ◽  
The Village

Based on the “Preliminary Records of Land Reform in Wanglinyang” created during the Land Reform, this article reconstructs land ownership and utilization in Wanglinyang village of Huangyan county, Zhejiang, prior to the reform and analyzes class relations, especially landlords and rich peasants, in the village in order to explicate the formation of precapitalist landlordism. It has long been assumed that “landlords and rich peasants, accounting for less than ten percent of the rural population, possessed seventy to eighty percent of the arable land.” It was on the basis of this estimate of land ownership in rural China that the Land Reform was conducted. Wanglinyang village, however, saw no high-level concentration of the land and the attendant polarity in social differentiation; nor was there a class struggle between landlords and peasants. Nevertheless, because of restructuring by the Land Reform, this village appeared to become a rural community with all the features associated with precapitalist landlordism.

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