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China's Financial System - Growth and Risks (Paperback) Loot Price: R1,979
Discovery Miles 19 790
China's Financial System - Growth and Risks (Paperback): Franklin Allen, Jun Qian, Xian Gu

China's Financial System - Growth and Risks (Paperback)

Franklin Allen, Jun Qian, Xian Gu

Series: Foundations and Trends (R) in Finance

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Loot Price R1,979 Discovery Miles 19 790 | Repayment Terms: R185 pm x 12*

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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.

General

Imprint: Now Publishers Inc
Country of origin: United States
Series: Foundations and Trends (R) in Finance
Release date: December 2015
First published: 2015
Authors: Franklin Allen • Jun Qian • Xian Gu
Dimensions: 234 x 156 x 8mm (L x W x T)
Format: Paperback
Pages: 140
ISBN-13: 978-1-68083-060-6
Categories: Books > Business & Economics > Business & management > Ownership & organization of enterprises > Entrepreneurship
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LSN: 1-68083-060-0
Barcode: 9781680830606

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