Theoretical Economics Letters

Vol.7 No.6(2017), Paper ID 79995, 8 pages

DOI:10.4236/tel.2017.76127

 

Justification of the Coexistence of Formal and Informal Reciprocal Loans in Developing Countries

 

Jianmei Zhao, Ruihan Liu

 

China Academy of Public Finance and Public Policy, Central University of Finance and Economics, Beijing, China
College of Economics and Management, Beijing University of Agriculture, Beijing, China

 

Copyright © 2017 Jianmei Zhao, Ruihan Liu et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

 

How to Cite this Article

Zhao, J. and Liu, R. (2017) Justification of the Coexistence of Formal and Informal Reciprocal Loans in Developing Countries. Theoretical Economics Letters, 7, 1865-1872. doi: 10.4236/tel.2017.76127.
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