Systematic Analysis of China's Asset-Backed Securities

Author: Gao Baozhong
Publisher:
Publish Date: 2005-06-01
Features: This book utilizes modern financial theory to conduct an in-depth study of the essence of asset securitization from the perspectives of Marxist capital circulation and turnover, as well as virtual capital theory. While considering its microeconomic advantages, it also analyzes its integration into macroeconomic operations, elaborating in detail the role of asset securitization in optimizing financial market structure, improving efficiency, and enhancing risk management, thereby broadening the scope of research. On this basis, the book systematically analyzes the institutional issues that China may encounter in the promotion of asset securitization, drawing on mature international experiences to propose institutional construction plans.