Financial Reform in China: The Way from Extraction to Inclusion (Routledge Studies in the Modern World Economy, 169, Band 169) - Hardcover

Zhao, Changwen; Zhu, Hongming

Hardcover

ISBN 10: 1138736031 ISBN 13: 9781138736030

Verlag: Routledge, 2017

Inhaltsangabe

This book focuses on the importance for China to correct the present imbalance in the relationship between the financial sector and the real economy.

The book looks at China’s current financial system in terms of "extractive" and "inclusive". It asserts that the financial sector is producing huge "siphonic effects" that distort the overall development of the Chinese economy. Like a giant magnet, the financial sector attracts too many innovation factors, such as talents, capital and entrepreneurship away from the real economy and inhibits the development of the latter. Hence, the book argues that China’s financial system must now be thoroughly reformed to become an inclusive financial system, where finance and the rest of the economy can co-exist and develop in support of each other.

Über diesen Titel

Über die Autorin bzw. den Autor

Changwen Zhao is Research Fellow and Director-General of the Research Department of Industrial Economy of the Development Research Center of the State Council (DRC), China.

Hongming Zhu

is Associate Research Fellow in the Financial Research Institute, Development Research Center of the State Council (DRC), China.

Details zur Ausgabe

• Verlag: Routledge
• Erscheinungsdatum: 2017
• Sprache: Englisch
• ISBN 10: 1138736031
• ISBN 13: 9781138736030
• Einband: Gebundene Ausgabe
• Anzahl der Seiten: 183
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Nicht verfügbar