This leads her to conclude that the RCA is a financial institution which basically only exists in developing countries which have not yet evolved a fully-fledged financial system, and that it represents a process of training in the transition from a traditional agricultural society to a modern society.
他因而認為，互助會基本上是金融制度未臻健全的開發中國家才有的金融活動，是從傳統農業社會過渡到現代社會的訓練過程。