The heart of economic reform : China's banking reform and state enterprise restructuring

Author(s)

    • Tong, Donald D.

Bibliographic Information

The heart of economic reform : China's banking reform and state enterprise restructuring

Donald D. Tong

(The Chinese economy series)

Ashgate, c2002

Available at  / 19 libraries

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Note

Bibliography: p. 183-193

Includes index

Description and Table of Contents

Description

Banking reform lies at the heart of economic reform in China and is central to sustaining the country's high economic growth. This text covers an important economic policy issue in China - the existing and potential roles of the financial sector in the development of the Chinese economy. It explores the relationship between the reforms of the financial sector, of state-owned enterprises and of the social welfare system. The text presents a variety of data accompanied by insights and interpretations. It also examines the original estimates of the cost of the social welfare burden, given that social services such as healthcare and education are provided by state-owned enterprises rather than by the private or public sector.

Table of Contents

  • Theories of financial development and economic development
  • evolution of China's financial system
  • financial institutions and investments in China - a heuristic model
  • financing investment - sources of funds
  • channelling savings to investment - the non-bank financial institutions
  • channelling savings to investment - the capital markets
  • efficiency of investment and growth of output
  • financial sector reform and social roles of state enterprises
  • recent developments on banking reform and enterprise restructuring.

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