Governance and banking system morphology in China: the evolution over the last two decades (1995-2015)

Carlo Bellavite Pellegrini (carlo.bellavite@unicatt.it), Laura Pellegrini and Bruno Sergi

MPRA Paper from University Library of Munich, Germany

Abstract: Over the past two decades in the Chinese banking system substantial progress has been made, and reforms have been mainly aimed at improving its governance and efficiency, but many governance problems still exist and hinder a complete transition to a market economy. Through the analysis of the economic freedom and the global governance indicators, in the context of a comparative analysis with European and North American countries, this paper shows that, despite a considerable economic growth, economic and financial reforms, Chinese governance variables are likely to have a second order effect in comparison with fundamental economic variables in favouring (or not) Chinese growth. However the high rate of growth, over the years of the financial turmoil as well, may have paradoxically prevented the improvement of governance indexes, meanwhile financial sector and global governance issues will have to be improved in order to promote efficient financial intermediation and sustainable growth in China.

Keywords: China; banking system morphology; governance indexes; economic growth. (search for similar items in EconPapers)
JEL-codes: G2 G3 (search for similar items in EconPapers)
Date: 2018, Revised 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in World Review of Entrepreneurship, Management and Sustainable Development 5.14(2018): pp. 549-580

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/98571/2/MPRA_paper_98571.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:98571

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter (winter@lmu.de).