Call Boomerang Books 1300 36 33 32

Get Latest Book News + FREE Shipping. Subscribe to the Boomerang Books Bulletin eNewsletter right now!

Description - Factions and Finance in China by Victor C. Shih

The contemporary Chinese financial system encapsulates two possible futures for China's economy. On the one hand, extremely rapid financial deepening accompanied by relatively stable prices are both manifestations of a vigorous growth trajectory that will one day make China the world's largest economy. On the other hand, the colossal store of non-performing loans in the banking sector augurs a troubling future. Factions and Finance in China inquires how elite factional politics has given rise to both of these outcomes since the reform in 1978. The competition between generalists in the Chinese Communist Party and politically engaged technocrats over monetary policies has time and time again prevented inflation from spinning out of control. Shih shows that elite politics has exerted a profound impact on monetary policies and banking institutions in contemporary China.

Buy Factions and Finance in China by Victor C. Shih from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9780521872577
ISBN-10: 052187257X
Format: Hardback
(234mm x 156mm x 19mm)
Pages: 268
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 1-Nov-2007
Country of Publication: United Kingdom

Other Editions - Factions and Finance in China by Victor C. Shih

Book Reviews - Factions and Finance in China by Victor C. Shih

» Have you read this book? We'd like to know what you think about it - write a review about Factions and Finance in China book by Victor C. Shih and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)

Write Review

Author Biography - Victor C. Shih

Victor C. Shih is a political economist at Northwestern University specializing in China. An immigrant to the United States from Hong Kong, Dr Shih received his doctorate in Government from Harvard University, where he researched banking sector reform in China with the support of the Jacob K. Javits Fellowship and the Fulbright Fellowship. He is the author of numerous articles appearing in academic and business journals, including The China Quarterly and The Far Eastern Economic Review, and frequent adviser to the private sector on the banking industry in China. His current research concerns the political economy of fiscal transfers in China and Chinese policies toward ethnic minorities. Dr Shih holds a B.A. from the George Washington University, where he studied on a University Presidential Fellowship and graduated summa cum laude in East Asian studies with a minor in economics.

Books By Victor C. Shih

Factions and Finance in China by Victor C. Shih
Paperback, March 2009