China's Financial System: Growth and Risks provides an updated and comprehensive review of China's financial system and compares it with financial systems in other countries. It reviews what has worked and what has not within the markets and intermediaries in China, and further considers the effects of the recent development of China's financial system on the real economy. It also examines a non-standard financial sector, which operates beyond the markets and banking sectors and consists of alternative financing channels, ...
Read More
China's Financial System: Growth and Risks provides an updated and comprehensive review of China's financial system and compares it with financial systems in other countries. It reviews what has worked and what has not within the markets and intermediaries in China, and further considers the effects of the recent development of China's financial system on the real economy. It also examines a non-standard financial sector, which operates beyond the markets and banking sectors and consists of alternative financing channels, governance mechanisms, and institutions. Finally, the authors provide prospects for future research on several unresolved issues including how China's financial system can integrate into the world's markets and economy without being interrupted by damaging financial crises. China's Financial System: Growth and Risks draws four main conclusions about China's financial system and its future development. First, compared with other developed and emerging economies, China's financial system has been dominated by a large banking system. Second, China's financial markets have witnessed significant development, however, their current scale and importance are not comparable to those of the banking sector and they may not be effective in allocating resources in the economy. Third, the alternative financial sector has played an important role in satisfying the financing demand and maintaining the high growth rate in the real economy. Finally, a significant challenge for China's financial system is to avoid damaging financial crises that can severely disrupt economic stability.
Read Less
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Fine. Minor wear at extremities. Faint storage scratches to cover. Text as new and unread. 140 p. Foundations and Trends (R) in Finance . Intended for college/higher education audience.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.