Author: Xu Nuojin
Publisher:
Publish Date: 2004-03-01
Features: The United States is the world's most powerful and developed country in terms of economic and financial strength today. Finance plays a crucial role in its developed market economy system, allocating financial resources, managing financial risks, and bridging the gap of time and space. It can be said that without a developed financial industry in the United States, there would be no developed market economy in the United States. Therefore, the U.S. financial system is a model for many countries to study, research, and emulate. Many aspects of China's financial system reform have also learned from and drawn lessons from the U.S. experience. However, the U.S. financial system also has its own problems. The 1980s banking crisis in the United States exposed these issues. What problems exist in the U.S. financial industry? Why do these problems exist? How has the U.S. government addressed these issues? What lessons can China learn from the U.S. approach to handling the 1980s banking crisis? This book conducts an in-depth study and provides a thoughtful response to these questions.