EconPapers    
Economics at your fingertips  
 

Who Pays China's Bank Restructuring Bill?

Guonan Ma

Asian Economic Papers, 2007, vol. 6, issue 1, 46-71

Abstract: This paper addresses questions related to the cost of China's bank restructuring and financing. We first propose a framework for recognizing losses. Then, we examine the recent major moves by the Chinese government to repair the country's bank balance sheets. Finally, we explore the implications of the Chinese ways of funding the bank restructuring. We find that the Chinese government has been decisive in confronting the costly task of bank restructuring. Looking through the elaborate funding arrangements adopted so far, the Chinese taxpayers have paid most of the bill. (c) 2007 The Earth Institute at Columbia University and the Massachusetts Institute of Technology.

Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (8) Track citations by RSS feed

Downloads: (external link)
http://www.mitpressjournals.org/doi/pdfplus/10.1162/asep.2007.6.1.46 link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Who Pays China’s Bank Restructuring Bill? (2006) Downloads
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:tpr:asiaec:v:6:y:2007:i:1:p:46-71

Ordering information: This journal article can be ordered from
https://mitpressjour ... rnal/?issn=1535-3516

Access Statistics for this article

Asian Economic Papers is currently edited by Wing Thye Woo, Sung-Chun Jung, Fukunari Kimura and Ming Lu

More articles in Asian Economic Papers from MIT Press
Bibliographic data for series maintained by Ann Olson ().

 
Page updated 2021-10-02
Handle: RePEc:tpr:asiaec:v:6:y:2007:i:1:p:46-71