Financial reform in China : the way from extraction to inclusion
Author(s)
Bibliographic Information
Financial reform in China : the way from extraction to inclusion
(Routledge studies in the modern world economy, 169)
Routledge, 2018
- : hbk
Available at 9 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references and index
Description and Table of Contents
Description
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.
Table of Contents
1. From Extraction to Inclusion: A New Analytical Framework
2. The "Extractive" Financial System
3. The "Finance Curse"
4. The Formation of "Extractive" Financial Systems
5. Insufficient Competition, Implicit Guarantee and Financial Inefficiency
6. Financial Risks
7. Withdrawal of the Financial Restraint System: Reform of the financial system
8. Withdrawal of the Implicit Guarantee: Supportive reforms in other sectors
9. Internet Finance
by "Nielsen BookData"