The Political Economy of China's Financial Reforms: Finance in Late Development Contributor(s): Bowles, Paul (Author), White, Gordon (Author) |
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ISBN: 0367294877 ISBN-13: 9780367294878 Publisher: Routledge OUR PRICE: $171.00 Product Type: Hardcover - Other Formats Published: September 2019 |
Additional Information |
BISAC Categories: - Business & Economics | Finance - General - Political Science | World - Asian - History | Asia - General |
Dewey: 332.095 |
Physical Information: 0.8" H x 6.5" W x 9.7" (1.55 lbs) 220 pages |
Themes: - Cultural Region - Asian - Ethnic Orientation - Asian |
Descriptions, Reviews, Etc. |
Publisher Description: 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. |