ABE-IPSABE HOLDINGABE BOOKS
English Polski
On-line access

Bookstore

0.00 PLN
Bookshelf (0) 
Your bookshelf is empty
China in the Asian Financial Crisis

China in the Asian Financial Crisis

Authors
Publisher Taylor & Francis
Year 01/06/2021
Edition First
Version eBook: Reflowable eTextbook (ePub)
Language English
ISBN 9781134411078
Categories Regional studies, Ethnic studies, Economics, finance, business & management, Economics, Financial crises & disasters, Finance & accounting, Finance
lifetime license
Product available online
Delivery: access code sent by e-mail
E-Mail
order with obligation to pay
Add to bookshelf

Book description

The widely held view of the Asian Financial Crisis is that it had no substantial impact on China. In fact, the country was far more vulnerable than most people realized, due to the high possibility of financial contagion entering the system from Hong Kong through Guangdong province. This book analyzes the severe policy challenge that it presented for China’s leaders.  The crisis in Guangdong’s financial institutions provided a forewarning of the difficulties that lay ahead as China’s integration with the global financial system deepened. The experience of Guangdong in the Asian Financial Crisis provided a profound lesson for China’s policy-makers as they planned the country’s strategy for financial reform in the following years. China was able to avoid disaster by astute and difficult policy choices, in the face of fierce pressure from outside the country, as well as from different domestic interests at many different levels. The successful resolution of the crisis provided a breathing space for the leadership. It gave it time to undertake necessary reforms in the country's financial system in the decade that followed the crisis. 

China in the Asian Financial Crisis

We also recommend books

Strony www Białystok Warszawa
801 777 223