Interest Groups and Institutional Change - Small and Medium Banks in Gradual Transition: Small and Medium Banks in Gradual Transition

Author: Luo Jinsheng
Publisher:
Publish Date: 2003-07-01
Features: This book presents clear and distinct arguments with a well-organized structure. It can serve as a theoretical basis for policy formulation by decision-makers in government departments and also as a reference book for economic and financial researchers, as well as university faculty and students. The book is grounded in mainstream economics, institutional economics, game theory, and other economic theories, set against the backdrop of modern commercial banking systems in mature market economies, and uses the experiences of transition economies as a reference. It conducts a series of examinations and analyses on the evolution of China's small and medium-sized commercial banking systems, exploring the general theories and evolutionary models of these systems. The book considers interest groups as the driving forces of institutional change, integrating the demand and supply analysis of institutional change using interest group theory. Through an equilibrium analysis of interest groups and their interest-based negotiations, it provides a specific and comprehensive theoretical analytical tool for examining the gradual institutional change of China's small and medium-sized commercial banking systems.

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