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008 220302t20072007nyu fo d z eng d
010 _a2007010371
019 _a(OCoLC)1002232687
019 _a(OCoLC)1004867982
019 _a(OCoLC)1011439356
019 _a(OCoLC)979909875
019 _a(OCoLC)987921681
019 _a(OCoLC)992525102
019 _a(OCoLC)999359472
020 _a9780231141925
_qprint
020 _a9780231512091
_qPDF
024 7 _a10.7312/calo14192
_2doi
035 _a(DE-B1597)9780231512091
035 _a(DE-B1597)458711
035 _a(OCoLC)427864324
040 _aDE-B1597
_beng
_cDE-B1597
_erda
050 0 0 _aHG187.C6
_bC438 2007
072 7 _aBUS035000
_2bisacsh
082 0 4 _a330.951
084 _aonline - DeGruyter
245 0 0 _aChina's Financial Transition at a Crossroads /
_ced. by Charles Calomiris.
264 1 _aNew York, NY :
_bColumbia University Press,
_c[2007]
264 4 _c©2007
300 _a1 online resource (432 p.) :
_b47 figures and 44 tables
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 0 _tFrontmatter --
_tContents --
_tList of Acronyms --
_tAcknowledgments --
_tIntroduction --
_t1. China's Financial Markets: An Overview --
_t2. China's Banking Sector and Economic Growth --
_t3. Understanding the Structure of Cross- Border Capital Flows: The Case of China --
_t4. Financial Openness and the Chinese Growth Experience --
_t5. The Effects of Stock Market Listing on the Financial Per for mance of Chinese Firms --
_t6. China's Exchange Rate Regime: The Long and Short of It --
_t7. China's Foreign Exchange Policy: What Will China Do? What Should China Do? --
_tAppendix 1 Regional Estimates of New Deposit and Loan Shares, and Nonperforming Loans --
_tAppendix 2. Evolution of Capital Controls in China --
_tList of Contributors --
_tIndex
506 0 _arestricted access
_uhttp://purl.org/coar/access_right/c_16ec
_fonline access with authorization
_2star
520 _aChina's increasing role in global economic affairs has placed the country at a crossroads: how many and what types of international capital-market transactions will China permit? How will China's financial system change internally? What kind of relationships will the Chinese government develop with foreign financial institutions, especially with those based in the United States? Can China broker a sustainable partnership with America that will avoid sending economic shock waves throughout the world?Drawing on the contemporary research of prominent international scholars, the experts in this volume outline the trajectory of China's financial markets since the advent of reform and anticipate their uncertain future. Chapter authors and commentators include Geert Bekaert, Loren Brandt, Lee Branstetter, Mary Wadsworth Darby, Michael DeStefano, Barry Eichengreen, Campbell Harvey, Fred Hu, Xiaobo Lu, Christian Lundblad, Ailsa Roell, Daniel Rosen, Shang-Jin Wei, Jialin Yu, and Xiaodong Zhu. The book begins with an overview of the history of financial-sector development, regulation, and performance and then focuses on the banking sector, discussing the progress, challenges, and prospects of current sector reform. Subsequent chapters describe the role of foreign capital in China's development and analyze the changes in capital flows and controls over time; explore various explanations for China's composition of foreign-capital and foreign-exchange policies, particularly the factors shaping China's reliance on foreign direct investment; and provide an international, comparative perspective on the remarkable growth experience of China and the contribution of its institutional environment to that experience. Contributors dispute the belief that stock market listing has done little to reform state-owned enterprises and take a hard look at the exchange rate regime choice for China, considering the potential long-run desirability of flexibility and the appropriate sequencing of reforms in foreign-exchange policy, domestic banking reform, and capital-market openness. The book concludes with a roundtable discussion in which prominent economists, including Peter Garber, Robert Hodrick, John Makin, David Malpass, Frederic Mishkin, and Eswar Prasad, debate the pace of the appreciation of China's currency and the likely consequences of that policy within and outside of China.
530 _aIssued also in print.
538 _aMode of access: Internet via World Wide Web.
546 _aIn English.
588 0 _aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 02. Mrz 2022)
650 0 _aFinance
_zChina
_vCongresses.
650 7 _aBUSINESS & ECONOMICS / International / General.
_2bisacsh
700 1 _aBekaert, Geert
_eautore
700 1 _aBrandt, Loren
_eautore
700 1 _aBranstetter, Lee
_eautore
700 1 _aCalomiris, Charles
_ecuratore
700 1 _aCalomiris, Charles W.
_eautore
700 1 _aEichengreen, Barry
_eautore
700 1 _aGarber, Peter
_eautore
700 1 _aHarvey, Campbell R.
_eautore
700 1 _aHodrick, Robert J.
_eautore
700 1 _aHu, Fred
_eautore
700 1 _aLundblad, Christian
_eautore
700 1 _aMakin, John H.
_eautore
700 1 _aMalpass, David
_eautore
700 1 _aMishkin, Frederic S.
_eautore
700 1 _aPrasad, Eswar
_eautore
700 1 _aWei, Shang-Jin
_eautore
700 1 _aZhu, Xiaodong
_eautore
850 _aIT-RoAPU
856 4 0 _uhttps://doi.org/10.7312/calo14192
856 4 0 _uhttps://www.degruyter.com/isbn/9780231512091
856 4 2 _3Cover
_uhttps://www.degruyter.com/document/cover/isbn/9780231512091/original
942 _cEB
999 _c183281
_d183281