Evolution of China's financial system and its impact on economic development
Lino Sau
International Journal of Economic Policy in Emerging Economies, 2012, vol. 5, issue 1, 1-15
Abstract:
In this paper, I try to show and emphasise how China has adopted alternative economic policies in the transition and in the evolution of its financial system. In fact, the step by step or gradualism approach followed is in contrast to the fashionable idea that indiscriminately prescribes market-oriented financial system architecture to emerging and transition economies, and is, I believe, more close to the financial policies recommended by Post-Keynesians.
Keywords: China; financial systems; financial market development; financial liberalisation; post-Keynesian economics; economic development; transition economies; financial policy. (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijepee:v:5:y:2012:i:1:p:1-15
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