EconPapers    
Economics at your fingertips  
 

Contradictions in China's Financial Reforms: The Relationship between Banks and Enterprises

Paul Bowles and Gordon White

Cambridge Journal of Economics, 1989, vol. 13, issue 4, 481-95

Abstract: This paper investigates the effects of the reforms in China's financial sector on enterprise performance. Particular attention is paid to the effect of the increased role played by banks as a result of the major reorganization of the banking system which occurred in 1984. It is argued that, although China's banks now possess considerable power to discriminate between enterprises in the allocation of credit, in practice this power is seldom used and enterprises have not been subjected to significantly increased financial discipline as a result of the reforms. The reasons for this are discussed and the prospects for further reform assessed. Copyright 1989 by Oxford University Press.

Date: 1989
References: Add references at CitEc
Citations: View citations in EconPapers (6)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:oup:cambje:v:13:y:1989:i:4:p:481-95

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Cambridge Journal of Economics is currently edited by Jacqui Lagrue

More articles in Cambridge Journal of Economics from Cambridge Political Economy Society Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().

 
Page updated 2024-03-13
Handle: RePEc:oup:cambje:v:13:y:1989:i:4:p:481-95