I.INTRODUCTION This paper studies the bidding Rotating Savings and Credit Association(ROSCA)in China.ROSCAs are informal financial institutions that are found all over the world1.Actually,many terms are used in the li...I.INTRODUCTION This paper studies the bidding Rotating Savings and Credit Association(ROSCA)in China.ROSCAs are informal financial institutions that are found all over the world1.Actually,many terms are used in the literature for this single type of institution.展开更多
基金the phased achievement of Research on the Basic Theoretical Problems on the Law with Chinese Characteristics in the New Era(Grant No.18VXK004)sponsored by the National Social Science Fund。
文摘I.INTRODUCTION This paper studies the bidding Rotating Savings and Credit Association(ROSCA)in China.ROSCAs are informal financial institutions that are found all over the world1.Actually,many terms are used in the literature for this single type of institution.