Financial deepening, economic restructuring, and bank stability

Author: Zhang Xu
Publisher:
Publish Date: 2004-09-01
Features: This book takes developing countries and economies in transition as its research subjects, systematically examining the stability of the banking system during the process of financial deepening and economic restructuring. The entire book revolves around the financial deepening strategy (interest rate liberalization, market access, and opening up), analyzing the mechanisms of financial deepening and banking stability under both closed and open conditions from macro and micro perspectives. The book conducts empirical analysis using five Asian countries as samples, exploring policy choices for developing countries and economies in transition to achieve financial deepening and maintain banking stability. Furthermore, it delves into the stability of China's banking system against the backdrop of financial deepening and economic restructuring.