Abstract

http://ssrn.com/abstract=985580
 
 

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China's Changing Financial System: Can it Catch Up With, or Even Drive Growth


James R. Barth


Auburn University

Gerard Jr. Caprio Jr.


Williams College

March 2007

Networks Financial Institute Policy Brief No. 2007-PB-05

Abstract:     
Throughout the past three decades of fast growth, China has undergone tremendous structural changes in its economy. There has been significant and continuing industrialization, urbanization and integration into the world economy. The financial system has also undergone major changes, with the People's Bank of China (PBOC) ending its monopoly of the banking sector and being recast as the nation's central bank in the late 1970s and early 1980s. The purpose of this paper is to examine in some detail China's changing financial system so as to assess whether it can catch up with, or even drive economic growth.

Number of Pages in PDF File: 51

Keywords: China, financial regulation, financial system

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Date posted: May 16, 2007  

Suggested Citation

Barth, James R. and Caprio, Gerard Jr., China's Changing Financial System: Can it Catch Up With, or Even Drive Growth (March 2007). Networks Financial Institute Policy Brief No. 2007-PB-05. Available at SSRN: http://ssrn.com/abstract=985580 or http://dx.doi.org/10.2139/ssrn.985580

Contact Information

James R. Barth (Contact Author)
Auburn University ( email )
415 West Magnolia Avenue
Auburn, AL 36849
United States
334-844-2469 (Phone)
334-844-4960 (Fax)
Gerard Caprio Jr.
Williams College ( email )
Williamstown, MA 01267
United States
413-597-2465 (Phone)
413-597-4045 (Fax)
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