Information Technology and Financial Development

Author: Ji Dongsheng
Publisher:
Publish Date: 2004-05-01
Features: The author chooses to study the development of the financial system from a functional perspective. By analyzing the role of both technological and non-technological factors in financial development, he highlights the importance and significance of systematically researching the impact of information technology on financial functions. On this basis, he conducts an in-depth and systematic study of the mechanisms by which information technology affects the main functions of the financial system, such as payment and clearing, fund mobilization, risk management, information processing, and corporate governance. He specifically analyzes the application of information technology in the functional performance of China's financial system and proposes corresponding improvement suggestions. This is a work with both theoretical significance and practical value. The book is suitable for reading and reference by economic and financial theorists, practitioners, and faculty and students in institutions of higher learning.
The widespread and in-depth application of information technology in the financial system is a prominent feature of the recent development of the global financial system. Systematically summarizing the impact of information technology on the financial system and clarifying its role in its development not only helps to fully and accurately grasp the driving forces and trends of financial system development but also promotes the transformation of financial theoretical paradigms, holding significant theoretical and practical implications.
In the book "Information Technology and Financial Development" by Comrade Ji Dongsheng, set against the backdrop of financial electrification, financial liberalization, and financial globalization, and with financial system analysis as the starting point, the author comprehensively and deeply explores the formation of the financial system, the impact of information technology on it; the electrification of the payment system; the deepening of financial functions caused by information technology; information technology and risk management; the challenges of information technology to corporate governance; and the generation issues of information technology.
From the perspective of technological progress driving the deepening of financial system functions, the book conducts an in-depth study of the driving forces and trends of modern financial development, closely integrating China's realities to propose a development vision that leverages information technology to enhance the functions of the financial system.