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The Political Economy Of China's Financial Reforms - Finance In Late Development (Hardcover)
Loot Price: R3,886
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The Political Economy Of China's Financial Reforms - Finance In Late Development (Hardcover)
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THIS PATHBREAKING Work analyzes the evolution of China's financial
reforms since 1979. China's reformers have stressed the
construction of a more diverse, flexible, and competitive financial
system as a crucial element of China's economic reform program. The
authors assess the theory and practice of financial reform in light
of China's specific characteristics as a large, developing country
that still claims to be pursuing the goal of establishing a new
form of "socialist" market economy. The authors utilize two
approaches. First, they place the overall design and trajectory of.
financial reform since 1979 within a broad comparative framework of
alternative strategies of financial reform and financial systems.
Second, they use a political economy perspective to explore the
complex interactions among the political and economic actors-
individual, group, or institutional-that affect reform outcomes.
Integrating these two approaches, the authors conclude by assessing
future directions for feasible and desirable financial reform in
China.
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