UID:
almahu_9949880724502882
Format:
1 online resource.
ISBN:
9781351020008
,
1351020005
,
9781351020022
,
1351020021
,
9781351020015
,
1351020013
Series Statement:
Routledge studies on the Chinese economy ; 69
Content:
This book traces the development of China's banking system through the first 25 years of China's socialist market economy up to the present. It examines how China's leaders have chosen their own path for reforming and regulating the banking sector and shows how this approach has differed significantly from the neoliberal approach promoted by the West. The book demonstrates the effectiveness of the Chinese approach, contrasting China's relative success in weathering the Asian financial crisis with the huge disruption experienced by other East and Southeast Asian nations which had followed the neoliberal model much more closely. The book explains how China's officials were able to resist the persistent efforts of foreign financial institutions to gain control of China's financial sector, particularly around the time of China's entry to the World Trade Organization. It argues that China's increasing influence in international financial institutions after the global financial crisis can help mitigate the risk of future financial crises and promote global financial stability.
Note:
Chapter 1: Introduction -- chapter 2: The search for a modern banking system (800-1990) -- chapter 3: Building a banking regulatory system for the socialist market economy (1990-96) -- chapter 4: Reducing systemic risk in the socialist market economy (1997-2002) -- chapter 5: The development of a sound and sustainable banking model (2003-07) -- chapter 6: Reacting to the global financial crisis (2008-17) -- chapter 7: Conclusion.
Additional Edition:
Print version: The evolution of China's banking system, 1993-2017 London ; NewYork : Routledge, Taylor & Francis Group, 2019. ISBN 9781138496972 (hardback)
Language:
English
Keywords:
History
;
Electronic books.
;
Electronic books.
;
History.
DOI:
10.4324/9781351020022
URL:
https://www.taylorfrancis.com/books/9781351020022
URL:
https://www.taylorfrancis.com/books/9781351020022
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