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

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 rece...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Armstrong-Taylor, Paul (Autor)
Autor Corporativo: SpringerLink (Online service)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: London : Palgrave Macmillan UK : Imprint: Palgrave Macmillan, 2016.
Edición:1st ed. 2016.
Temas:
Acceso en línea:Texto Completo
Tabla de Contenidos:
  • 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.-.