Limit this search to....

Conceptualizing the Regulatory Thicket: China's Financial Markets after the Global Financial Crisis
Contributor(s): Wei, Shen (Author)
ISBN: 0367410532     ISBN-13: 9780367410537
Publisher: Routledge
OUR PRICE:   $171.00  
Product Type: Hardcover - Other Formats
Published: October 2020
Qty:
Additional Information
BISAC Categories:
- Business & Economics | Banks & Banking
- Law | Banking
- Law | Business & Financial
Physical Information: 1.1" H x 6.1" W x 9.3" (1.65 lbs) 356 pages
 
Descriptions, Reviews, Etc.
Publisher Description:

This book examines the regulatory framework, regulatory objectives, regulatory logics, regulatory instruments, regulatory failures, and regulatory responses in China's financial market after the global financial crisis. The book provides an in-depth analysis of China's contemporary financial regulatory system, focusing on risks, regulation, and policies in practice. By drawing on public and private interest theories relating to financial regulation, the book contends that the controlled development of the banking sector, and the financial sector generally, has transformed China's banks into more market-oriented institutions and increased public sector growth. However, China's financial market and financial regulation have some inherent weaknesses and deficiencies. This book also offers insights into how this can be improved or adapted to minimize systemic risks in China's financial sector. This book tries to prove that financial regulation is not just a vehicle for maintaining efficient financial markets but a primary tool through which the Chinese government achieves its political and economic objectives. More fundamentally, according to the law and finance theory, strong market and vibrant judicial systems are needed to further modernize China's financial markets and market economy.

The book will be a useful reference for anyone interested in learning from the Chinese experience.