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Author: Kellee S. Tsai
Publisher: Cornell University Press
ISBN: 1501717154
Category : Political Science
Languages : en
Pages : 335
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Book Description
Chinese entrepreneurs have founded more than thirty million private businesses since Beijing instituted economic reforms in the late 1970s. Most of these private ventures, however, have been denied access to official sources of credit. State banks continue to serve state-owned enterprises, yet most private financing remains illegal. How have Chinese entrepreneurs managed to fund their operations? In defiance of the national banking laws, small business owners have created a dizzying variety of informal financing mechanisms, including rotating credit associations and private banks disguised as other types of organizations. Back-Alley Banking includes lively biographical sketches of individual entrepreneurs; telling quotations from official documents, policy statements, and newspaper accounts; and interviews with a wide variety of women and men who give vivid narratives of their daily struggles, accomplishments, and hopes for future prosperity. Kellee S. Tsai's book draws upon her unparalleled fieldwork in China's world of shadow finance to challenge conventional ideas about the political economy of development. Business owners in China, she shows, have mobilized local social and political resources in innovative ways despite the absence of state-directed credit or a well-defined system of private property rights. Entrepreneurs and local officials have been able to draw on the uncertainty of formal political and economic institutions to enhance local prosperity.
Author: Kellee S. Tsai
Publisher: Cornell University Press
ISBN: 1501717154
Category : Political Science
Languages : en
Pages : 335
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Book Description
Chinese entrepreneurs have founded more than thirty million private businesses since Beijing instituted economic reforms in the late 1970s. Most of these private ventures, however, have been denied access to official sources of credit. State banks continue to serve state-owned enterprises, yet most private financing remains illegal. How have Chinese entrepreneurs managed to fund their operations? In defiance of the national banking laws, small business owners have created a dizzying variety of informal financing mechanisms, including rotating credit associations and private banks disguised as other types of organizations. Back-Alley Banking includes lively biographical sketches of individual entrepreneurs; telling quotations from official documents, policy statements, and newspaper accounts; and interviews with a wide variety of women and men who give vivid narratives of their daily struggles, accomplishments, and hopes for future prosperity. Kellee S. Tsai's book draws upon her unparalleled fieldwork in China's world of shadow finance to challenge conventional ideas about the political economy of development. Business owners in China, she shows, have mobilized local social and political resources in innovative ways despite the absence of state-directed credit or a well-defined system of private property rights. Entrepreneurs and local officials have been able to draw on the uncertainty of formal political and economic institutions to enhance local prosperity.
Author: Anna Greesnpan
Publisher: Oxford University Press
ISBN: 0190257539
Category : Philosophy
Languages : en
Pages : 286
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Book Description
China is in the midst of the fastest and most intense process of urbanization the world has ever known, and Shanghai -- its biggest, richest and most cosmopolitan city00 is positioned for acceleration into the twenty-first century. Yet, in its embrace of a hopeful -- even exultant -- futurism, Shanghai recalls the older and much criticized project of imagining, planning and building the modern metropolis. Today, among Westerners, at least, the very idea of the futuristic city -- with its multilayered skyways, domestic robots and flying cars -- seems doomed to the realm of nostalgia, the sadly comic promise of a future that failed to materialize. Shanghai Future maps the city of tomorrow as it resurfaces in a new time and place. It searches for the contours of an unknown and unfamiliar futurism in the city's street markets as well as in its skyscrapers. For though it recalls the modernity of an earlier age, Shanghai's current re-emergence is only superficially based on mimicry. Rather, in seeking to fulfill its ambitions, the giant metropolis is reinventing the very idea of the future itself. As it modernizes, Shanghai is necessarily recreating what it is to be modern.
Author: Paolo Tasca
Publisher: Springer
ISBN: 3319424483
Category : Science
Languages : en
Pages : 319
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Book Description
Do you know how banking and money will look like in the new digital age? This book collects the voices of leading scholars, entrepreneurs, policy makers and consultants who, through their expertise and keen analytical skills, are best positioned to picture from various angles the ongoing technological revolution in banking and finance. You will learn how lending and borrowing can exist without banks; how new forms of money can compete to better serve different society needs; how new technologies are banking the unbanked communities in the poorest parts of the world, and how ideas and small projects can be financed by the crowds without the need to rely upon banks. You will learn how, in the new digital age, we will interact with new self-organised and autonomous companies that operate without any human involvement, based on a set of programmed and incorruptible rules. You will learn that new business models will emerge thanks to technology-enabled platforms, upon which one can build new forms of non-hierarchical cooperation between strangers. And you will also learn that new forms of risks and threats are emerging that will destabilise our systems and jeopardise the stability of our financial order.
Author: Anita Anand
Publisher: Oxford University Press
ISBN: 0198777620
Category : Business & Economics
Languages : en
Pages : 257
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Book Description
A collection of essays from an impressive group of scholars, this volume disseminates the type of regulation that can be devised and implemented to respond to systemic risk as well as how systemic risk can be regulated in both a domestic and international market.
Author: Douglas Cumming
Publisher: Oxford University Press
ISBN: 0199920923
Category : Business & Economics
Languages : en
Pages : 936
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Book Description
The topic of Entrepreneurial Finance involves many issues, including but not limited to the risks and returns to being an entrepreneur, financial contracting, business planning, capital gaps and the availability of capital, market booms and busts, public policy and international differences in entrepreneurial finance stemming from differences in laws, institutions and culture. As these issues are so extremely broad and complex, the academic and practitioner literature on topic usually focuses on at most one or two of these issues at one time. The Oxford Handbook of Entrepreneurial Finance provides a comprehensive picture of issues dealing with different sources of entrepreneurial finance and different issues with financing entrepreneurs. The Handbook comprises contributions from 48 authors based in 12 different countries. It is organized into seven parts, the first of which introduces the issues, explains the organization of the Handbook, and briefly summarizes the contributions made by the authors in each of the chapters. Part II covers the topics pertaining to financing new industries and the returns and risk to being an entrepreneur. Part III deals with entrepreneurial capital structure. Part IV discusses business planning, funding and funding gaps in entrepreneurial finance with a focus on credit markets. Part V provides analyses of the main alternative sources of entrepreneurial finance. Part VI considers issues in public policy towards entrepreneurial finance. Part VII considers international differences in entrepreneurial finance, including analyses of entrepreneurial finance in weak institutional environments as well as microfinance.
Author: Kaijun Guo
Publisher: Cambridge University Press
ISBN: 1316776727
Category : Business & Economics
Languages : en
Pages : 467
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Book Description
The Changing Organization provides a multidisciplinary approach for studying the management of change under conditions of complexity. Single-discipline approaches frequently miss essential elements that reduce the possibility of coherence within a multi-agency organizational setting. Combining a systems and cybernetic 'living system' perspective, Guo, Yolles, Fink, and Iles offer a new agency paradigm designed to model, diagnose and analyse complex, real-world situations. Its capacity to anticipate patterns of behaviour provides useful means by which the origin of crises can be understood, and resolutions reflected upon. Scholars and graduate students in fields as diverse as management, politics, anthropology and psychology will find numerous applications for this book when considering socio-political and organizational change, and it offers an invaluable guide for consultants who may wish to apply advanced techniques of contextual analysis to real-world situations.
Author: Alfred L. Chan
Publisher: Oxford University Press
ISBN: 0197615228
Category : Biography & Autobiography
Languages : en
Pages : 737
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Book Description
"This book, in one convenient volume, is the first comprehensive exploration of all episodes of Xi Jinping's (b. 1953) life history and his political career, begun at age 17. Part I explores Xi's formative childhood and youth experience as well as his governance record spanning every administrative level from the village to the capital. Part II focuses on Xi's first five-year term as General Secretary (2012-2017) and as President (2013-2018). The author discusses all major issues including Xi's legitimacy building, consolidation of power, ideological redefinition, party rectification, anti-corruption efforts, and control of dissent up until 2018. He explores reforms in the economy, social policy, the judiciary, military, and foreign relations in the same period. Xi's political life mirrors the vicissitudes of the Maoist and reform eras, and sheds light on the regime's hopes and fears, strengths and weaknesses, and the changing zeitgeist of the times. By adopting a multi-disciplinary, comparative, and social science approach, this book unpacks and explains immensely complex phenomena, and offers fresh insights into the dynamics of governance in China encompassing both progressive and regressive features. It synthesizes a large corpus of cutting-edge research on China, takes issue with influential theories such as the "one party, two coalitions" view of Chinese politics, and rejects conventional wisdom that views China as a "frozen and closed system" under "one-man rule." This original contribution to scholarship explores how Xi Jinping and his team introduced an unprecedented transformation of Chinese society and politics, and initiated an activist global outreach"--
Author: Kellee S. Tsai
Publisher: Cornell University Press
ISBN: 9780801473265
Category : Business & Economics
Languages : en
Pages : 292
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Book Description
Focusing on the activities and aspirations of the private entrepreneurs who are driving China's economic growth.
Author:
Publisher:
ISBN:
Category : Credit
Languages : en
Pages : 502
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Book Description
Author: Yan Sun
Publisher: Cornell University Press
ISBN: 1501729985
Category : Political Science
Languages : en
Pages : 269
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Book Description
Is corruption an inevitable part of the transition to a free-market economy? Yan Sun here examines the ways in which market reforms in the People's Republic of China have shaped corruption since 1978 and how corruption has in turn shaped those reforms. She suggests that recent corruption is largely a byproduct of post-Mao reforms, spurred by the economic incentives and structural opportunities in the emerging marketplace. Sun finds that the steady retreat of the state has both increased mechanisms for cadre misconduct and reduced disincentives against it. Chinese disciplinary offices, law enforcement agencies, and legal professionals compile and publish annual casebooks of economic crimes. The cases, processed in the Chinese penal system, represent offenders from party-state agencies at central and local levels as well as state firms of varying sizes and types of ownership. Sun uses these casebooks to illuminate the extent and forms of corruption in the People's Republic of China. Unintended and informal mechanisms arising from corruption may, she finds, take on a life of their own and undermine the central state's ability to implement its developmental policies, discipline its staff, enforce its regulatory infrastructure, and fundamentally transform the economy.
