Table 2 Three pairs of mechanisms and the state of risk-sharing rules
From: Why are risk-sharing rules uncertain? A sociological study of local financial governance
Rule status | Risk-bearing | Risk-sharing | ||
|---|---|---|---|---|
The lender risk-bearing | Government sharing | Intermediacy sharing | Three-party sharing | |
Mechanism type | ||||
Bureaucratic Mobilization | − | + | − | + |
Resource Dependency | − | − | + | + |
Risk Transfer | − | + | + | + |