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Factions and Finance in China

Name: Factions and Finance in China
Brand: Cambridge University Press
SKU: 04090326
Price: 47.9 EUR
Availability: InStock
Author: Victor C. Shih
ISBN: 9780521106474

Victor C. Shih

Language

English

Book Paperback

Libristo code: 04090326

Publishers Cambridge University Press, March 2009

The contemporary Chinese financial system encapsulates two possible futures for China's economy. On... Full description

Libristo code: 04090326

116 b

47.90 €

93.68 лв

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The contemporary Chinese financial system encapsulates two possible futures for China's economy. On the one hand, extremely rapid financial deepening accompanied by relatively stable prices are both manifestations of a vigorous growth trajectory that will one day make China the world's largest economy. On the other hand, the colossal store of non-performing loans in the banking sector augurs a troubling future. Factions and Finance in China inquires how elite factional politics has given rise to both of these outcomes since the reform in 1978. The competition between generalists in the Chinese Communist Party and politically engaged technocrats over monetary policies has time and time again prevented inflation from spinning out of control. Shih shows that elite politics has exerted a profound impact on monetary policies and banking institutions in contemporary China.

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About the book

Full name Factions and Finance in China

Author Victor C. Shih

Language

English

Binding Book - Paperback

Date of issue 2009

Number of pages 268

EAN 9780521106474

ISBN 0521106478

Libristo code 04090326

Publishers Cambridge University Press

Weight 4

Dimensions 154 x 229 x 17

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