1st Edition

The Political Economy Of China's Financial Reforms Finance In Late Development

By Paul Bowles, Gordon White Copyright 1994
206 Pages
by Routledge

220 Pages
by Routledge

206 Pages
by Routledge

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... Read more
Introduction -- Market Socialism, Financial Liberalisation and Late Development -- The Pre-Reform System: The Financial Institutions of Centrally Planned Socialism -- The Process of Financial Reform -- Policy Outcomes: The Macroeconomic and Microeconomic Impact of Financial Reform -- Towards a Socialist Capital Market? -- Conclusion: Future Trajectories

Biography

Paul Bowles, Gordon White