The availability of credit has long occupied a central place in development strategies. Rural credit institutions are more than an instrument of intermediation, they also handle risk, mobilize and disseminate information about market and technology. Given the informational problems and innate disadvantages of rural credit markets, the rationale for laissez-faire and liberalization is by no means based on a sound understanding of the state's role in redressing market failures. This study examines the rural credit market in China, its impacts on agricultural transformation and the state's role in the functioning of markets. The particular objectives are to identify the determinants of credit rationing in both formal and informal sectors, to show the extent of credit rationing, to reveal the dynamic role of institutional lending in agricultural transformation, and to understand the challenges in developing efficient institutions.
Intelligent Coordinated Control of Complex Uncertain Systems for Power Distribution and Network Reliability discusses the important topics revolving around the control of complex uncertain systems using the intelligent coordination control mechanism, a topic that has become the research focus of current control and computer fields. The book provides theoretical guidance for power distribution network reliability analysis, focusing on practical problems and algorithms within the field. - Provides effective solutions for complex control systems - Presents theoretical guidance for power distribution network reliability analysis - Focuses on practical problems and algorithms
The merging of metasurface and holography brings about unprecedented opportunities for versatile manipulation of light in terms of both far-field wavefront and near-field profile. In this book, a brief evolving history from surface plasmon polariton holography to metamaterial holography and finally to metasurface holography is introduced at first. Basic physical mechanisms that govern the phase modulation rules behind metasurface holography design are discussed later. Next, extended functionalities such as arbitrary polarization holography, vectorial holography, full-color holography, and hybrid holography achieved in the metasurface platform are presented. Surface wave and metagrating holography that bridges the on-chip surface wave and free-space wave is also introduced. In the end, we envisage practical applications of high-fidelity 3D holographic display, high-secure encryption, and high capacity digital encoding and also indicate remaining challenges based on metasurface holography.
The availability of credit has long occupied a central place in development strategies. Rural credit institutions are more than an instrument of intermediation, they also handle risk, mobilize and disseminate information about market and technology. Given the informational problems and innate disadvantages of rural credit markets, the rationale for laissez-faire and liberalization is by no means based on a sound understanding of the state's role in redressing market failures. This study examines the rural credit market in China, its impacts on agricultural transformation and the state's role in the functioning of markets. The particular objectives are to identify the determinants of credit rationing in both formal and informal sectors, to show the extent of credit rationing, to reveal the dynamic role of institutional lending in agricultural transformation, and to understand the challenges in developing efficient institutions.
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