China's unfinished economic revolution:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C.
Brookings Institution Press
1998
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XI, 304 S. |
| ISBN: | 0815751338 0815751346 |
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Datensatz im Suchindex
| _version_ | 1804126894965129216 |
|---|---|
| adam_text | CHINA S
UNFINISHED
ECONOMIC
REVOLUTION
NICHOLAS R LARDY
BROOKINGS INSTITUTION PRESS
WASHINGTON, D C
Contents
1 China s Economic Reform Strategy 1
The Public Sector Deficit 6
Explaining China s Rapid Growth 8
Banking in China s Economic Transition 15
2 The State-Owned Enterprise Problem 21
The Stages of Reform 22
The Size of the State Sector 25
Factor Productivity 31
Financial Performance 33
Explanations 47
Conclusion 52
3 The Evolving Banking System 59
Institutional Transformation 61
The Growth of Lending 76
Bank Strength 92
Nonperforming Loans 115
Conclusion 124
4 Creating a Modern Financial System 128
Reform Strategy 140
Bank Recapitalization 144
Fiscal Implications 161
Competition 165
Bank Supervision and Prudential Regulation 168
ix
x Contents
Interest Rate Liberalization 169
Ending Confiscatory Taxation of Banks 170
Independence of the Central Bank 172
Policy Banks 176
Conclusion 180
5 Implications 183
Physical versus Financial Constraints to Growth 186
China and the Asian Financial Crisis 193
Implications for China s Integration into the World Economy 209
Implications for the United States 214
Conclusion 220
Statistical Appendix 223
Notes 233
Index 293
Tables
1-1 Net Issue of Currency, 1978-97 13
2-1 State Sector Employment, 1977-96 27
2-2 The Allocation of Investment in Fixed Assets, 1980-96 29
2-3 State-Owned Industrial Enterprise Losses, 1978-97 35
2-4 Fiscal Subsidies to Loss-Making State-Owned Enterprises, 1985-96 37
2-5 Liabilities of State-Owned Enterprises, 1978-95 41
3-1 Loans by Financial Institutions, 1978-97 78
3-2 Borrowing and Lending of the Specialized Banks, 1986-95 84
3-3 Loan-to-Deposit Ratios in Selected Provinces, 1988-93 87
3-4 Paid-in Capital of the Specialized Banks, 1985-96 93
3-5 Capital Adequacy of China s Specialized Banks, 1988-94 94
3-6 Construction Bank of China Loan Loss Provisions
and Reserves, 1988-96 98
3-7 Agricultural Bank of China Loan Loss Reserves, 1989-96 99
3-8 Pre-Tax Profits of China s Specialized Banks, 1985-96 100
3-9 Select Deposit and Lending Interest Rates, 1985-97 108
3-10 Bank of Communications Loan Quality, 1991-94 123
4-1 Composition of Household Financial Assets,
Year-end 1978,1995,1996 132
Contents xi
4-2 Alternative Estimates of the Annual Cost of Bank Recapitalization
at Year-end 1995 158
4-3 Effective Tax Rates on China s Largest Banks, 1995 171
A-l Assets of Chinese Financial Institutions, 1986,1994,1995 224
A-2 Regional Distribution of Loans and Deposits by Chinese
State Banks 226
A-3 Bank of China, Estimated Average Cost of Funds, 1989 228
A-4 Bank of China, Maturity Structure of Renminbi Savings Deposits,
1987-94 228
A-5 Bank of China, Estimated Cost of Funds from Savings Deposits 229
A-6 Bank of China, Estimated Cost of Enterprise Deposits 229
A-7 Supplementary Interest Paid on Indexed Time Deposits,
1988-91,1993-97 230
|
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| discipline | Wirtschaftswissenschaften |
| era | Geschichte 1976-1998 gnd |
| era_facet | Geschichte 1976-1998 |
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| geographic_facet | China (República Popular, 1949 ) - Política económica - 1976 China Economic conditions 1976-2000 China Economic policy 1976-2000 China |
| id | DE-604.BV012274111 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-09T18:24:43Z |
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| physical | XI, 304 S. |
| publishDate | 1998 |
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| spelling | Lardy, Nicholas R. Verfasser aut China's unfinished economic revolution Nicholas R. Lardy Washington, D.C. Brookings Institution Press 1998 XI, 304 S. txt rdacontent n rdamedia nc rdacarrier Geschichte 1976-1998 gnd rswk-swf Bancos y banca - China (República Popular, 1949 ) Banken (financiële instellingen) gtt Economische hervormingen gtt Finanzas - China (República Popular, 1949 ) Bank Wirtschaft Wirtschaftspolitik Banks and banking China Finance China Finanzreform (DE-588)4017209-0 gnd rswk-swf Wirtschaftsreform (DE-588)4066512-4 gnd rswk-swf Wirtschaftspolitik (DE-588)4066493-4 gnd rswk-swf Reform (DE-588)4115716-3 gnd rswk-swf Kreditwesen (DE-588)4032950-1 gnd rswk-swf China (República Popular, 1949 ) - Política económica - 1976 China Economic conditions 1976-2000 China Economic policy 1976-2000 China (DE-588)4009937-4 gnd rswk-swf China (DE-588)4009937-4 g Wirtschaftsreform (DE-588)4066512-4 s Geschichte 1976-1998 z DE-604 Wirtschaftspolitik (DE-588)4066493-4 s Kreditwesen (DE-588)4032950-1 s Reform (DE-588)4115716-3 s Finanzreform (DE-588)4017209-0 s HEBIS Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=008319425&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Lardy, Nicholas R. China's unfinished economic revolution Bancos y banca - China (República Popular, 1949 ) Banken (financiële instellingen) gtt Economische hervormingen gtt Finanzas - China (República Popular, 1949 ) Bank Wirtschaft Wirtschaftspolitik Banks and banking China Finance China Finanzreform (DE-588)4017209-0 gnd Wirtschaftsreform (DE-588)4066512-4 gnd Wirtschaftspolitik (DE-588)4066493-4 gnd Reform (DE-588)4115716-3 gnd Kreditwesen (DE-588)4032950-1 gnd |
| subject_GND | (DE-588)4017209-0 (DE-588)4066512-4 (DE-588)4066493-4 (DE-588)4115716-3 (DE-588)4032950-1 (DE-588)4009937-4 |
| title | China's unfinished economic revolution |
| title_auth | China's unfinished economic revolution |
| title_exact_search | China's unfinished economic revolution |
| title_full | China's unfinished economic revolution Nicholas R. Lardy |
| title_fullStr | China's unfinished economic revolution Nicholas R. Lardy |
| title_full_unstemmed | China's unfinished economic revolution Nicholas R. Lardy |
| title_short | China's unfinished economic revolution |
| title_sort | china s unfinished economic revolution |
| topic | Bancos y banca - China (República Popular, 1949 ) Banken (financiële instellingen) gtt Economische hervormingen gtt Finanzas - China (República Popular, 1949 ) Bank Wirtschaft Wirtschaftspolitik Banks and banking China Finance China Finanzreform (DE-588)4017209-0 gnd Wirtschaftsreform (DE-588)4066512-4 gnd Wirtschaftspolitik (DE-588)4066493-4 gnd Reform (DE-588)4115716-3 gnd Kreditwesen (DE-588)4032950-1 gnd |
| topic_facet | Bancos y banca - China (República Popular, 1949 ) Banken (financiële instellingen) Economische hervormingen Finanzas - China (República Popular, 1949 ) Bank Wirtschaft Wirtschaftspolitik Banks and banking China Finance China Finanzreform Wirtschaftsreform Reform Kreditwesen China (República Popular, 1949 ) - Política económica - 1976 China Economic conditions 1976-2000 China Economic policy 1976-2000 China |
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