Open Journal of Social Sciences

Volume 4, Issue 10 (October 2016)

ISSN Print: 2327-5952   ISSN Online: 2327-5960

Google-based Impact Factor: 0.93  Citations  

Anti-Corruption in Microfinance and China’s Reaction

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DOI: 10.4236/jss.2016.410010    1,212 Downloads   1,811 Views  
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ABSTRACT

Microfinance offers poor people access to basic financial services such as loans, savings, money transfer services and micro insurance. Corruption happens in microfinance area and the FCPA applies to it. In China, micro finance and social enterprises have developed for year; however, the government corruption poses a chilling climate for the flourish of microfinance and the innovation of private capital. Chinese government took measures to fight corruption and via the government’s action. Corruption problems became more tangible and more controllable.

Cite this paper

Zhou, R. (2016) Anti-Corruption in Microfinance and China’s Reaction. Open Journal of Social Sciences, 4, 130-139. doi: 10.4236/jss.2016.410010.

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