Private Banks: The Taiwanese Case (Himalaya Academic Library · Economic Exploration Series)

Author: Yu Zongxian
Publisher:
Publishing Date: 2005-01-01
Features: This book was co-authored by Yu Zongxian, a Fellow of the Academia Sinica of Taiwan and Director of the Institute of Economics and Business of China, along with six other professors. Since the establishment of private banks in Taiwan, over a decade has passed. During this time, private banks have weathered the financial storm that swept across East Asia in 1997–1998 and struggled for survival amid the global economic downturn in 2001–2002. This book provides an in-depth rational exploration of their experiences navigating these challenges. As Yu Zongxian said, "This serves the purpose of 'learning from the past to prepare for the future' for Taiwan itself, and for mainland China today, it holds the value of 'lessons from other mountains can be used to correct mistakes.'"