Credit Generation without (External) Contract Enforcement: Property Redemption Rights in Traditional China, 1592 - 1950 (opens in new tab)

In this post Yunyufei Luo (University of Oxford) presents their research, which was supported by the Economic History Society’s Research Fund for Graduate Students. — How did people deal with credit when there is no guarantee of repayment? Debt is a theme as old as human civilisation itself, but its history before institutionalised banking is […] The post Credit Generation without (External) Contract Enforcement: Property Redemption Rights in Traditional China, 1592 – 1950 appeared first on E...