Structure and changes of China's financial system:

"By virtue of several theoretical models and hypotheses, this book is one of the earliest studies which systematically investigate the structure and changes of Chinas financial institutions. To begin with, it examines the relation between state utility function and Chinas economic growth, and r...

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Bibliographic Details
Main Author: Zhang, Jie 1965 March 10- (Author)
Format: Electronic eBook
Language:English
Published: Abingdon, Oxon Routledge 2018
Series:China perspectives
China perspectives series
Subjects:
Online Access:Volltext
Summary:"By virtue of several theoretical models and hypotheses, this book is one of the earliest studies which systematically investigate the structure and changes of Chinas financial institutions. To begin with, it examines the relation between state utility function and Chinas economic growth, and reveals the formation and transition of Chinas state-owned financial institutional arrangements. Based on the analysis above, the author studies the influence of monetization on the arrangements, and the financial support to Chinas gradual reform which has 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 to explain Chinas financial performance. In the last chapter, it discusses the dilemma of property rights under the state-owned financial system, with the establishment of Credit Equilibrium Model and 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."--Provided by publisher
Physical Description:1 online resource (151 pages) illustrations
ISBN:9781315707464
1317479920
1317479939
1317479912
1315707462
9781317479925
9781317479932
9781317479918

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