Financial liberalization and economic development

Author: Wang Shuguang
Publisher:
Publish Date: 2003-03-01
Features: This book explores the general theoretical issues of financial liberalization and systematically examines the relationship between financial liberalization and economic development. The content includes:
- An interpretation of financial liberalization from the perspectives of the history of economic thought and economic history;
- The institutional system of financial markets and the institutional sources of financial efficiency;
- The intrinsic logic of financial repression and its historical evaluation of economic performance;
- The historical development, academic contributions, and inherent shortcomings of financial liberalization theory;
- A cost-benefit analysis of financial liberalization, as well as financial fragility and institutional quality issues;
- An analysis of the role of government and government behavior in financial liberalization;
- Path selection and future trends of financial liberalization in transition economies.
Based on drawing upon a large number of cutting-edge research findings from the international academic community, this book conducts a systematic and comprehensive study of the theory and practice of financial liberalization, proposing many innovative and insightful theoretical perspectives. It will have a positive impact on promoting academic research in the field of financial liberalization and the practice of financial development in China. The book was awarded the Second Prize in the category of "Outstanding Achievements in Humanities and Social Sciences" at the 9th Peking University Annual Conference.