The Political Economy of China's Financial Reforms: Finance in Late Development
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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.
Format:Paperback
Language:English
ISBN:0367310333
ISBN13:9780367310332
Release Date:May 2021
Publisher:Routledge
Length:206 Pages
Weight:0.45 lbs.
Dimensions:0.6" x 5.4" x 9.0"
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