Financial Development and Economic Growth in Various Regions of China (1978-2000)

Author: Zhou Li
Publisher:
Publish Date: 2004-01-01
Features: This book conducts an empirical study on the financial development and economic growth in various regions of China from 1978 to 2000, revealing the relationship between financial development and economic growth, as well as the pathways through which financial development promotes economic growth. It describes the levels of financial development and regional disparities in China, summarizing the overall characteristics of "high growth, low efficiency" in financial development. After analyzing the manifestations of fiscalization of financial functions and providing a political economic explanation, the author offers public policy recommendations for shifting from "financial extraction" to "financial construction." The book calculates and organizes a large amount of economic and financial data, providing a comprehensive explanation of the logic of economic and financial development during China's reform and opening-up period. It is an excellent book for understanding and researching China's economic and financial issues. The target readers of this book include faculty and students of economics and finance majors in higher education institutions, researchers in relevant research institutes, and financial professionals.