Capital flight and China's countermeasures

Author: Yang Shenggang (Principal Author)
Publisher:
Publish Date: 2003-11-01
Features: China is not only a large developing country but also undergoing a transition from a planned economy to a market economy. Therefore, based on a thorough review of domestic and international literature, we fully draw on the latest research findings on capital flight from developing and transition countries. At the same time, when analyzing and addressing China's capital flight, we closely monitor the specific factors unique to China and conduct empirical research, proposing a series of original viewpoints and conclusions. This project features significant research topics, novel content and methodologies, a reasonable and applicable model design, and original analytical arguments. It effectively expands the field of finance and makes valuable explorations in the application of academic achievements, providing important theoretical foundations for government policy formulation. It also aims to open a window for a broad readership and those studying or researching international finance to gain an in-depth understanding of capital flight. This book is a research outcome of the National Social Science Fund Planning Project. From the perspective of the interaction between China's economy and the global economy under open conditions, it conducts qualitative and quantitative analyses of the scale, causes, channels, and impacts of China's capital flight, targeting different levels and forms of capital flight and their operational characteristics. The goal is to provide a systematic evaluation method and measurement framework for accurately understanding and grasping the current state of China's capital flight, ultimately offering theoretical support for relevant authorities to effectively control and prevent capital flight.