Financial Development and National Economic Growth in China: A Beijing Praxis

Bhabani Shankar Nayak () and Hao Chen
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Bhabani Shankar Nayak: University for the Creative Arts
Hao Chen: University of Glasgow

Chapter Chapter 6 in China: The Bankable State, 2021, pp 87-104 from Springer

Abstract: Abstract This chapter outlines theoretical and empirical works on the relationship between financial development and economic growth within the context of China. It critically evaluates different theories to understand different linkages between financial development and national economic growth in China. The article investigates the causal relationship between regional financial development and economic growth in China. The article attempts to find the development characteristics of regional finance and interaction mechanism between financial development and economic growth from microeconomic perspective with a special reference to Beijing.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-5252-3_6

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DOI: 10.1007/978-981-16-5252-3_6

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