Debt and Distortion Risks and Reforms in the Chinese Financial System /

• Κύριος συγγραφέας: Armstrong-Taylor, Paul (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: London : Palgrave Macmillan UK : Imprint: Palgrave Macmillan, 2016.
• Θέματα: Finance.; Finance, Public.; Investment banking.; Securities.; Risk management.; Capital market.; Finance > History.; Risk Management.; Public Finance.; Investments and Securities.; Capital Markets.; Financial History.

China’s unprecedented growth has transformed the lives of its people and impacted economies across the globe. The financial system supported this growth by providing cheap loans to boost investment and, in a virtuous cycle, rapid growth insured that these loans could be repaid. However, in recent ye...

Πίνακας περιεχομένων:

• PART I. CURRENT ECONOMIC MODEL.-1. Growth model
• 2. Financial risks.-3.Financial repression
• 4. Government guarantees
• 5. International distortions
• 6. Overview
• PART II. DOMESTIC REFORMS
• 7. Banking. 8. Shadow banking.-9. Stock markets.' 10. Bond markets
• 11. Local government debt
• 12. Real estate market
• PART III. INTERNATIONAL REFORMS
• 13. Exchange rate liberalization
• 14. Renminbi internationalization
• 15. Capital account liberalization
• 16. Asian Infrastructure Investment Bank and the New Silk Road
• PART IV. POLITICS
• 17. Political conflicts over reforms
• 18. Strategies to overcome opposition to reform
• PART V. RISKS AND CONSEQUENCES
• 19. Domestic risks
• 20. International consequences of reform
• 21. The Future.-.