Analysis of the Effects of Financial Liberalization

Author: Zhang Li
Publisher:
Publish Date: 2003-07-01
Features: This book is divided into 6 chapters, focusing on the main theme of the gains and costs of financial liberalization. Based on extensively absorbing and drawing on numerous research findings both domestically and internationally, it conducts a relatively in-depth study on the constraints of financial liberalization in promoting economic growth. It provides an in-depth analysis of the transmission mechanisms of financial intermediaries and financial markets in promoting economic growth, thereby effectively enhancing the spatial scope of the role of financial liberalization in promoting economic growth. It systematically defines the relationship between financial liberalization and financial system efficiency, and establishes indicators to measure changes in financial system efficiency after financial liberalization, which helps in the unified identification and measurement of financial system dynamics.