China's financial system under transition / Xiaoping Xu.
نوع المادة :
نصالسلاسل:Studies on the Chinese economyالناشر:New York : St. Martin's Press, 1998وصف:xv, 227 pages ; 23 cmنوع المحتوى:- text
- unmediated
- volume
- 0312210442 (hbk)
- HG187.C6 X8 1998
| نوع المادة | المكتبة الحالية | رقم الطلب | رقم النسخة | حالة | تاريخ الإستحقاق | الباركود | |
|---|---|---|---|---|---|---|---|
كتاب
|
UAE Federation Library | مكتبة اتحاد الإمارات General Collection | المجموعات العامة | HG187.C6 X8 1998 (إستعراض الرف(يفتح أدناه)) | C.1 | Library Use Only | داخل المكتبة فقط | 30010000076747 |
Browsing UAE Federation Library | مكتبة اتحاد الإمارات shelves, Shelving location: General Collection | المجموعات العامة إغلاق مستعرض الرف(يخفي مستعرض الرف)
| HG187.C6 T66 2011 Finance and society in 21st century China : Chinese culture versus Western markets / | HG187.C6 W348 2011 Red capitalism : the fragile financial foundation of China's extraordinary rise / | HG187.C6 W348 2011 Red capitalism : the fragile financial foundation of China's extraordinary rise / | HG187.C6 X8 1998 China's financial system under transition / | HG187.C6 Y56125 2017 التحولات المالية في الصين / | HG187.C6 Z4513 2012 Industrial map of China's financial sectors / | HG187.C6 Z4513 2012 Industrial map of China's financial sectors / |
Includes bibliographical references (pages 206-218) and index.
1. Introduction -- 2. The Socialist Financial System: 1949-78 -- 3. Financial Development and Liberalization: The Chinese Experience -- 4. Financial Deepening: Financial Assets -- 5. Financial Deepening: Financial Market Development -- 6. Monetary Policy and Macroeconomic Stability -- 7. Summary and Conclusions -- App. A. Theoretical and Comparative Foundations for Financial Reform in China -- App. B. Shanghai Financial Sector: Past and Present.
The transformation of China's economy has involved major changes in the financial sector. This book offers a detailed and authoritative guide to financial reform since 1979. Bank loans replaced budgetary grants as the most important source of fund for investment. A two-tiered financial structure emerged consisting of a central bank and a system of specialized, newly created commercial banks. Nonbank financial institutions mushroomed. Money and capital markets appeared. Problems, however, remained.
Specialized banks did not operate as proper profit-oriented banks. Macro-level resource allocation was controlled by credit plans. Lagged enterprise reforms and a lack of proper financial control mechanism resulted in macroeconomic imbalances. A system of indirect monetary control was not in place.
This book outlines the process of change, examining the achievements and the problems. It looks at the impact of financial reform on the economy and discusses policy implications. It has an account of the former mono-banking system in China prior to 1979, and a discussion of the post-1991 reforms, in addition to the major reforms on the 1979-91 period which form the focus of the study. There is, in addition, a detailed case-study of the Shanghai financial markets.
