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The Development of China's Stockmarket, 1984-2002 - Equity Politics and Market Institutions (Paperback)
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The Development of China's Stockmarket, 1984-2002 - Equity Politics and Market Institutions (Paperback)
Series: Routledge Studies on China in Transition
Expected to ship within 12 - 17 working days
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As China's government manages a transition away from the socialist
plan, how does it build the regulatory institutions it needs to
manage the new market economy? Without the correct institutions,
laws and agencies that implement the laws in place, the remarkable
growth witnessed in China over the last two decades will falter.
Financial sector reform lies at the heart of China's economic
transition and China's stock market has become critical to the
reform of state-owned industry, the supply of fiscal revenues and
in building a modern pension system. The Development of China's
Stockmarket takes a close look at the policy-making and regulatory
institutions the government has created to manage equity
development and shows how, in contrast to neo-institutional and
economic theories of regulatory development, public actors have
controlled institutional development. Based on extensive field
research in Shanghai, Shenzhen and Beijing and over forty
interviews with regulators and market players, The Development of
China's Stockmarket provides the first detailed academic analysis
of the country's stockmarket. With a comprehensive review of
Chinese language literature available on the subject, this book is
essential reading for all scholars with an interest in Asian
Business and China's transition from socialism.
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