Financial Reform in China : The Way from Extraction to Inclusion
Language: English
Published by Taylor & Francis Okt 2017, 2017
Series: Book 146 of 190 - Routledge Studies in the Modern World Economy
- Hardcover
- New
Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH
AbeBooks seller since August 14, 2006
Condition: New
£ 241.87
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Add to basketItem description from seller
Neuware - 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.
Seller Inventory # 9781138736030
- Title
- Financial Reform in China : The Way from Extraction to Inclusion
- Author
- Hongming Zhu
- Publisher
- Taylor & Francis Okt 2017
- Publication year
- 2017
- Condition
- Neu
- Binding
- Buch
- Language
- English
- ISBN 10
- 1138736031
- ISBN 13
- 9781138736030
- Item weight
- 454 grams
- Dimensions
- 236x155x15 mm
- Series
- Book 146 of 190: Routledge Studies in the Modern World Economy
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.
"Synopsis" may belong to another edition of this title.
About the Author
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.
"About the title" may belong to another edition of this title.
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