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Transition Of Gradual Reform And Financing System

Posted on:2003-12-20Degree:MasterType:Thesis
Country:ChinaCandidate:L W HanFull Text:PDF
GTID:2206360062496268Subject:Political economy
Abstract/Summary:PDF Full Text Request
Chinese economy has made great success for these more than 20 years reform owing to the rapid development non-state-owned companies. The non-state-owned companies has created many opportunities for employment; helped the government subsidize the state-owned companies; decreased the social contradiction, maintained the society stability. But at the same time, with the non-state-owned companies' development, the old financial system has become out of date and can not fit for new economic condition, its reform become necessary.Financial reform has been a hot topic since 1979, but many topics concerned with it are limited to the topics such as significance, feasibility, etc. This paper aims to analyze the logic of financial reform in order to find some deep questions.The first part describes the development of non-state-owned companies and drawbacks of financial reform; Based on the evaluation of the efficiency of financial system; the reform's necessity is discussed in the second part; the third analyzes the logic of financial reform in the context of incremental reform; the fourth argues the government's institution supply; some suggestions are presented in the last part.
Keywords/Search Tags:institutional change, financial system, financial regulation, incremental reform
PDF Full Text Request
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