Essays on Financial Intermediation and Transition in Rural China PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Essays on Financial Intermediation and Transition in Rural China PDF full book. Access full book title Essays on Financial Intermediation and Transition in Rural China by Minggao Shen. Download full books in PDF and EPUB format.
Author: Minggao Shen
Publisher:
ISBN:
Category :
Languages : en
Pages : 342
Get Book Here
Book Description
Author: Minggao Shen
Publisher:
ISBN:
Category :
Languages : en
Pages : 342
Get Book Here
Book Description
Author: Belton M. Fleisher
Publisher:
ISBN:
Category : Capital market
Languages : en
Pages : 16
Get Book Here
Book Description
Author: Franklin Allen
Publisher:
ISBN: 9781680830606
Category : Business & Economics
Languages : en
Pages : 140
Get Book Here
Book Description
Provides a review of China's financial system and compares it to other financial systems. It reviews what has worked and what has not within the markets and intermediaries in China, the effects of the recent development of China's financial system on the economy, and a non-standard financial sector operating beyond the markets and banking sectors.
Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 470
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Agricultural credit
Languages : en
Pages : 152
Get Book Here
Book Description
Author: Min Zhu
Publisher: International Monetary Fund
ISBN: 1513515357
Category : Business & Economics
Languages : en
Pages : 46
Get Book Here
Book Description
China’s growth potential has become a hotly debated topic as the economy has reached an income level susceptible to the “middle-income trap” and financial vulnerabilities are mounting after years of rapid credit expansion. However, the existing literature has largely focused on macro level aggregates, which are ill suited to understanding China’s significant structural transformation and its impact on economic growth. To fill the gap, this paper takes a deep dive into China’s convergence progress in 38 industrial sectors and 11 services sectors, examines past sectoral transitions, and predicts future shifts. We find that China’s productivity convergence remains at an early stage, with the industrial sector more advanced than services. Large variations exist among subsectors, with high-tech industrial sectors, in particular the ICT sector, lagging low-tech sectors. Going forward, ample room remains for further convergence, but the shrinking distance to the frontier, the structural shift from industry to services, and demographic changes will put sustained downward pressure on growth, which could slow to 5 percent by 2025 and 4 percent by 2030. Digitalization, SOE reform, and services sector opening up could be three major forces boosting future growth, while the risks of a financial crisis and a reversal in global integration in trade and technology could slow the pace of convergence.
Author: Yi Wen
Publisher: World Scientific
ISBN: 9814733741
Category : Business & Economics
Languages : en
Pages : 336
Get Book Here
Book Description
The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.
Author: Stanford University
Publisher:
ISBN:
Category :
Languages : en
Pages : 247
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 760
Get Book Here
Book Description
Author: Ms.Longmei Zhang
Publisher: International Monetary Fund
ISBN: 1484389700
Category : Business & Economics
Languages : en
Pages : 24
Get Book Here
Book Description
China’s digital economy has expanded rapidly in recent years. While average digitalization of the economy remains lower than in advanced economies, digitalization is already high in certain regions and sectors, in particular e-commerce and fintech, and costal regions. Such transformation has boosted productivity growth, with varying impact on employment across sectors. Going forward, digitalization will continue to reshape the Chinese economy by improving efficiency, softening though not reversing, the downward trend of potential growth as the economy matures. The government should play a vital role in maximizing the benefits of digitalization while minimizing related risks, such as potential labor disruption, privacy infringement, emerging oligopolies, and financial risks.
