Banking on Growth Models
China's Troubled Pursuit of Financial Reform and Economic Rebalancing
Banking on Growth Models contends that China's rapid economic rise from the late 1970s to today has been built on and shaped by a highly politicized and inefficient bank-centric financial system. Stephen Bell and Hui Feng argue that if the Chinese growth model drives how key economic sectors interact, no amount of incremental reform can have much impact on the financial system-meaningful reform can stem only from a revised growth model.For a time after the global financial crisis, it appeared that the expansion of a more market-oriented shadow banking system might help sustain China's economic growth. Since around 2015, however, Xi Jinping's…
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Produktdetails
Weitere Autoren: Feng, Hui
- ISBN: 978-1-5017-6254-3
- EAN: 9781501762543
- Produktnummer: 36857203
- Verlag: Cornell University Press
- Sprache: Englisch
- Erscheinungsjahr: 2022
- Seitenangabe: 306 S.
- Plattform: EPUB
- Abbildungen: 4 charts, 29 graphs
Über den Autor
Stephen Bell and Hui Feng
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