Research on Financial System Reform

Author: Liu Chaoming / Zhang Xian
Publisher:
Publishing Date: 2004-03-01
Features: This book establishes a fundamental expectation or conclusion through theoretical and empirical analysis. If it is said that China's financial system reform has a strong intrinsic impetus but has not achieved a transformation from financial repression or financial shallowing to financial liberalization or financial deepening, then after China's entry into the World Trade Organization (WTO), due to the driving force and pressure of external factors, China's financial system may achieve fundamental transformations in both institutional and developmental aspects. That is to say, through financial system reform, it can accelerate financial deepening and financial development, ultimately reaching the goal of prudent liberalization. Therefore, the focus of this book is on the trends and directions of financial reform after joining the WTO, as well as the selection of feasible solutions.