Restructuring the Bank-Business Landscape: Development of Small and Medium Enterprises and Financial Deepening: Development of Small and Medium Enterprises and Financial Deepening

Author: Hu Yong
Publisher:
Publish Date: 2004-07-01
Features: Based on a comprehensive review of the development history of small and medium-sized enterprises (SMEs) in China, this book conducts a comparative study on the financing methods of the two typical models of SME development in China—"Suzhou Model" and "Wenzhou Model." Furthermore, it systematically and deeply investigates the issue of financial deepening promoting SME development by extensively absorbing and referencing domestic and international research findings. The book integrates the main perspectives of information economics to organically combine the narrow definition of financial deepening theory (i.e., financial liberalization theory) with financial constraint theory, attempting to expand the theory of financial deepening. It theoretically summarizes and synthesizes the pathways and main measures of financial deepening, proposing that under the background of moderate government regulation, transparency, and competition, the development of small banks should be prioritized to establish relational financing relationships between these banks and SMEs. This book is suitable for government officials, managers, and individuals concerned with the economic development of China as well as with the development of SMEs and financial deepening. It can also serve as a reference for students and scholars in economics-related fields and public management research.