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Synopsis
The People's Republic of China has completed the first decade of economic reform with remarkable achievements. At the same time, it is encountering severe economic problems in runaway inflation, crippling shortages, and large trade imbalances. This work uses a macroeconomic framework of development and financial repression theories to examine the PRC's performance. Improvements in the PRC's financial productivity, according to the author, can be achieved if Chinese leaders either (1) relax the real interest rate ceiling to discourage unproductive investment and free financial resources or (2) hasten the development of the equity market.
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About the Author
KUI-WAI LI is Associate Professor of Economics and Finance at the City University of Hong Kong. Dr. Li has done extensive research on the economic reforms in banking and financial development of China and has published Financial Repression and Economic Reform in China (Praeger, 1994), in addition to numerous articles on Asian economies. His next work is Economism: The Asian Development Paradigm, forthcoming from Praeger.
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Financial Repression & Economic Reform in China
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Financial Repression and Economic Reform in China (Praeger Series in Criminology and)
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Financial Repression and Economic Reform in China
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Financial Repression and Economic Reform in China
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Financial Repression and Economic Reform in China
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Financial Repression and Economic Reform in China
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Financial Repression and Economic Reform in China (Praeger Series in Criminology and)
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Financial Repression and Economic Reform in China
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Condition: New. Uses a macroeconomic framework of development/financial repression theory to examine the People's Republic of China's economic performance. The study argues that productivity can be achieved if the Chinese either relax the real-interest rate ceiling or hasten the development of the equity market. Num Pages: 208 pages, 1, black & white illustrations. BIC Classification: 1FPC; KCB; KCM; KFFD. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 234 x 156 x 12. Weight in Grams: 468. . 1994. Hardback. . . . . Seller Inventory # V9780275948016
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Financial Repression and Economic Reform in China
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Financial Repression and Economic Reform in China (Hardcover)
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Bloomsbury Publishing Plc, Westport, 1994
ISBN 10: 0275948013
ISBN 13: 9780275948016
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Hardcover. Condition: new. Hardcover. The People's Republic of China has completed the first decade of economic reform with remarkable achievements. At the same time, it is encountering severe economic problems in runaway inflation, crippling shortages, and large trade imbalances. This work uses a macroeconomic framework of development and financial repression theories to examine the PRC's performance. Improvements in the PRC's financial productivity, according to the author, can be achieved if Chinese leaders either (1) relax the real interest rate ceiling to discourage unproductive investment and free financial resources or (2) hasten the development of the equity market. Improvements in the PRC's financial productivity, according to the author, can be achieved if Chinese leaders either (1) relax the real interest rate ceiling to discourage unproductive investment and free financial resources or (2) hasten the development of the equity market. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780275948016