Reconstructing the Bank-Business Landscape – Development of Small and Medium Enterprises and Financial Deepening

Author: Hu Yong
Publisher:
Publishing Time: Not Available
Features: Based on a comprehensive review of the development history of small and medium-sized enterprises (SMEs) in China, this book conducts a comparative study on the financing methods of two typical models of SME development in China—"Suzhou Model" and "Wenzhou Model." Furthermore, drawing widely on domestic and international research findings, it systematically and deeply explores the issue of how financial deepening promotes SME development. The book integrates the main perspectives of information economics to organically combine the narrow definition of financial deepening theory (i.e., financial liberalization theory) with financial constraint theory, attempting to expand the theory of financial deepening. It summarizes and synthesizes the theoretical aspects of the path and main measures of financial deepening, proposing that under the background of moderate government regulation, transparency, and competition, the development of small banks should be prioritized to establish relational financing relationships between these banks and SMEs. This book is suitable for government officials, managers, and individuals concerned with the development of China's economy and the growth of SMEs and financial deepening. It can also serve as a reference for students and scholars in economics and public management fields.