Financial Reform and Economic Development in China

Front Cover
E. Elgar, 2003 - Business & Economics - 159 pages
China's prospects of successfully completing the transition to a market economy and becoming the world's largest economy during the 21st century depend on the future sustainability of high rates of economic growth.

This book is a comprehensive, balanced and realistic assessment of China's financial reform program and future direction. Covering not only the banking sector but also non-bank financial institutions, stock market development and external financial liberalization, the authors examine the impact of financial reform on economic development in China during the reform period. This volume will facilitate a more accurate assessment of the Chinese approach to financial reform, and will therefore, allow more informed future policy choices for both China and other developing and transitional countries.

Financial Reform and Economic Development in China contains a wealth of information for anyone concerned with China's economic future, and should be required reading for those in the corporate business sector, academics and government analysts.

From inside the book

 

Contents

Domestic financial liberalization and financial depth in China
8
The performance of Chinas stateowned industrial enterprises
32
The performance of Chinas stateowned banks
46
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7 other sections not shown

Other editions - View all

Financial Reform and Economic Development in China
James Laurenceson,Joseph C.H. Chai
Limited preview - 2003
Financial Reform and Economic Development in China
James Laurenceson,C. H. Chai
Snippet view - 2003

Common terms and phrases

abroad ACFB ACFERT asset-liability management Bank of China banking system calculated capital flight central government Chai chapter China's financial China's stock markets Chinese column commercial banks controls corporate governance debt deposits developing countries development in China DNPF domestic economic development economic growth estimated example factors financial depth financial institutions financial liberalization financial reform financial repression financial sector financial system fiscal fixed assets fixed investment foreign borrowing impact internal efficiency International Monetary Fund issues Jefferson Lardy lending listed companies listed firms macroeconomic market economy McKinnon ment million NBFIs nomic non-state sector noted NPLs output ownership performance price index productivity profitability ratio RCCs reform in China reform period result savings shareholding shares SOBS SOES SOIES solvency Sources state-owned banks Statistical stock market development theoretical TICs transitional economies Trust and Investment UCCs variables various World Bank

References to this book

About the author (2003)

James Laurenceson, Deputy Director, Australia-China Relations Institute (ACRI), University of Technology Sydney, Australia and Joseph C.H. Chai, formerly Research Consultant, Research Grants Council, Hong Kong, China

Bibliographic information

TitleFinancial Reform and Economic Development in China
Advances in Chinese economic studies series
AuthorsJames Laurenceson, C. H. Chai
Editionillustrated
PublisherE. Elgar, 2003
ISBN1840649887, 9781840649888
Length159 pages
Subjects ›  › 

Business & Economics / Banks & Banking
Business & Economics / Development / Economic Development
Business & Economics / Economic Conditions
Business & Economics / Finance / General
Business & Economics / Money & Monetary Policy
  
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