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China’s financial development from the view of political economics. Generally, the Chinese financial system is bank …Based on a systematic review and summarization of China’s 30 years of financial reform and development, this paper … comprehensively analyzes the past, present and future development of China’s financial system and also presents the mechanism for …
Persistent link: https://www.econbiz.de/10009418515
We use recently created longitudinal datasets measuring legal change over time to test whether the strengthening of shareholder and creditor rights leads to greater financial development. The hypothesis that law matters to financial development is rejected, both for a sample of 5 countries...
Persistent link: https://www.econbiz.de/10011111627
Globalization and strengthening of integration processes have, among other things, also influenced some solutions relating to monetary sovereignty of particular countries. A great number of transition countries as well as some other underdeveloped countries are facing both inefficiency in their...
Persistent link: https://www.econbiz.de/10005620044
China, a low income country about the same geographic size as the US and with over four times the population, has had … times larger than it was 26 years earlier! China’s population is expected to continue to slow, reaching near zero in 30 … about 0.6 percent in recent years. China is likely to become the US’ third largest trading partner, supplying relatively …
Persistent link: https://www.econbiz.de/10005789866
Abstract Both Mexico and China have started export orientation in some industries, through assembly operations, based … whether the process, if successful, is replicable elsewhere. China and Mexico the process of trade liberalization and … develop comparative advantage in many industries initiated through import substitution; but China has been more successful …
Persistent link: https://www.econbiz.de/10005836937
China and Brazil are two countries with continental dimensions, with differences in availability of natural resources …, population sizes, and which have adopted different strategies of economic growth in the past. China has been following … power parity rates (GNI-PPP) of China and Brazil were at approximately the same level, but by the mid 2000s the GNI-PPP of …
Persistent link: https://www.econbiz.de/10008919791
Through a consideration of factors which have resulted in a more reduced role for the external auditor in certain jurisdictions – when compared to others, this paper will consider, as well as highlight why an enhanced awareness of the role of the external auditor in such jurisdictions will be...
Persistent link: https://www.econbiz.de/10009647355
As well as addressing the Basel Committee's proposals to strengthen global capital and liquidity regulations, this paper also considers several reasons why information disclosure should be encouraged. These include the fact that imperfect information is considered to be a cause of market failure...
Persistent link: https://www.econbiz.de/10008562625
During the recent Financial Crisis, as well as the 2010 and ongoing European Sovereign Debt Crisis, several governments had/have had to raise their debt levels in order to stabilize their economies. The principal problem attributed to sovereign debts, which is linked to their characteristics, is...
Persistent link: https://www.econbiz.de/10009025318
During the recent Financial Crisis, as well as the 2010 and ongoing European Sovereign Debt Crisis, several governments had/have had to raise their debt levels in order to stabilize their economies. The principal problem attributed to sovereign debts, which is linked to their characteristics, is...
Persistent link: https://www.econbiz.de/10009025321