chapter 1 From ancient civilization through humiliation to powerhouse -- chapter 2 China’s miracle, China’s tensions – the four “izations” -- chapter 3 China’s strategy for development: from “crossing the river by feeling the stones” to “revving up the consumer” -- chapter 4...

Main description: The crash of 2008 revealed that the world's central banks had failed to offset the financial imbalances that led to the crisis, and lacked the tools to respond effectively. What lessons should central banks learn from the experience, and how, in a global financial system,...

This study tests the explanatory power of three theoretical frameworks for the performance of cross-border affiliates, by examining the experience of 615 Hong Kong firms managing operations in mainland China. The frameworks tested are: the natural selection approach, focused on the influence of...

In this article, drawn from a speech Howard Davies made to the Securities regulatory Commission in China, the author contrasts the efforts which are being made in developing economies like China with the more established regulatory regimes like those of the UK and the USA. He argues that good...

Provides an overview of the directions, including wrong turnings, in which European and global banking is heading. Based on the viewpoint of Howard Davies, the head of the UK regulatory body the Financial Services Authority, covers issues such as greater regulation, Internet services and erosion...

We need to beware of over-reaction, for example not to revise the UK tripartite MOU to indicate excessive future support for banks, nor to rush to rearrange regulatory structures. On pay and incentive structures, shareholders should play a greater role. On securitisation, in the short run market...

An amended version of the Aronson-Schwartz model and a more detailed econometric model are used to test the proposition that population movements within the London metropolitan area are related to the 'value-for-money' provided by local authorities. Both approaches reveal evidence of a...