Research Of Credit Problems Of The Yuan Dynasty

The Yuan Dynasty unified in Chinese history is established by the mongolians.Mongol rulers encourage actively to develop the commodity, credit has been further developed in the Yuan Dynasty.More and more people involved in this business.and people that depended on money and credit increased gradually infiltrated all areas of life.In term of the Monetary and credit managers,the ortog is a new social groups in the Yuan Dynasty.The interest rate is a crucial factor in the development of credit. In order to stabilizing the social order ,the Government enacted laws on many occasions to restrict specifically that the interest rate per month Shall not exceed one-third and no matter how long loan shall not more than the same principal and interest rate. It controled the uncontrolled expansion of the interest rate to some extent.Black City, the instrument the existence of money and credit contracts provide a series of valuable historical materials for studying the problems of credit the Yuan Dynasty.Through searching the gonvernment-run credit and the private credit in the Yuan Dynasty,this paper demonstrate systematically the operation and development of credit,as well as the various monetary and credit management practices and effectiveness. On the interest rates put forward some personal views .The paper is as follows:The preface introduces briefly credit problems,its state of researchment and the point .Chapter one,that introduces the emergence and development of ortog; during the period of Mongolian Dynasty and Yuan Dynasty, government departments, the ortog,privates operate credit.Chapter two,focusing on the management measures of the Government's monetary and credit measures, for exmple the interest rate the government has done many requirements; the government has get hands on recovering debt and so on.Chapter three, to the contract of Blackwater city a case study,this paper illustrate the development of border areas in the monetary and credit developments.Chapter four,in terms of the relationship between inflation and interest rates and various factors affecting the interest rate,this paper put forward some personal opinions.