TY - BOOK AU - Huang,Yiping AU - Lin,Nian AU - Lincoln,Edward J. AU - Park,Yung Chul AU - Patrick,Hugh AU - Seok,Young-Hwa AU - Shin,Hyun Song AU - Wang,Bijun AU - Wang,Xun TI - How Finance Is Shaping the Economies of China, Japan, and Korea T2 - Columbia Business School Publishing SN - 9780231165266 AV - HG187.C6 H69 2013 U1 - 332.0951 23 PY - 2013///] CY - New York, NY : PB - Columbia University Press, KW - Finance KW - China KW - Japan KW - Korea (South) KW - BUSINESS & ECONOMICS / Development / Economic Development KW - bisacsh N1 - Frontmatter --; Contents --; Preface --; Acknowledgments --; 1. An Introductory Overview --; 2. Financial Reform in China --; 3. Japan --; 4. Financial Development and Liberalization in Korea: 1980-2011 --; 5. Banking, Capital Flows, and Financial Cycles --; Index; restricted access; Issued also in print N2 - This volume connects the evolving modern financial systems of China, Japan, and Korea to the development and growth of their economies through the first decade of the twenty-first century. It also identifies the commonalities among all three systems while accounting for their social, political, and institutional differences.Essays consider the reforms of the Chinese economy since 1978, the underwhelming performance of the Japanese economy since about 1990, and the growth of the Korean economy over the past three decades. These economies engaged in rapid catch-up growth processes and share similar economic structures. Yet while domestic forces have driven each country's financial trajectory, international short-term financial flows have presented opportunities and challenges for them all. The nature and role of the financial system in generating real economic growth, though nuanced and complex, is integral to these countries. The result is a fascinating spectrum of experiences with powerful takeaways UR - https://doi.org/10.7312/park16526 UR - https://www.degruyter.com/isbn/9780231536462 UR - https://www.degruyter.com/document/cover/isbn/9780231536462/original ER -