Abstract:

In order to deepen the development of village’s debt research, we make selective comments on the theoretical and empirical studies of debt in the last decade. In this paper, we introduce the status, the cause and the effects of the village’s debts. Especially, this paper emphatically discusses whether the debt is reasonable or not and how to solve this problem. However, these researches are limited to phenomenon description, and they lack studies on the causal relation. Finally, some opinions and suggestions are put forward that the future research should focus on the a certain aspect, and the method should be deepened.