Structure and Changes of China's Financial System (e-bog) af Zhang, Jie
Zhang, Jie (forfatter)

Structure and Changes of China's Financial System e-bog

348,37 DKK (inkl. moms 435,46 DKK)
By virtue of several theoretical models and hypotheses, this book is one of the earliest studies which systematically investigates the structure and changes of China's financial institutions. To begin with, it examines the relation between state utility function and China's economic growth, and reveals the formation and transition of China's state-owned financial institutional arrangements. Bas...
E-bog 348,37 DKK
Forfattere Zhang, Jie (forfatter)
Forlag Routledge
Udgivet 11 maj 2018
Længde 152 sider
Genrer 1FPC
Sprog English
Format epub
Beskyttelse LCP
ISBN 9781317479925
By virtue of several theoretical models and hypotheses, this book is one of the earliest studies which systematically investigates the structure and changes of China's financial institutions. To begin with, it examines the relation between state utility function and China's economic growth, and reveals the formation and transition of China's state-owned financial institutional arrangements. Based on this analysis, the author studies the influence of monetization on the arrangements, and the financial support to China's gradual reform which have long been neglected by researchers. Also, the model of money demand that can explain the specific conditions of the gradual reform is built, as the neoclassical framework has been incapable of explaining China's financial performance. In the last chapter, it discusses the dilemma of property rights under the state-owned financial system, with the establishment of the credit equilibrium model and the dual model of bad debts. With insightful theoretical analysis and empirical researches, this book will appeal to scholars and students in finance, economics and economic history.