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Joint Liability Lending and the Rise and Fall of China's Township and Village Enterprises
Park, Albert; Shen, Minggao - William Davidson Institute, University of Michigan - 2001
Using data from a recent survey of bank and enterprise managers and government officials in southern China, we present …
Persistent link: https://www.econbiz.de/10005784788
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Dealing with the Bad Loans of the Chinese Banks
Bonin, John P.; Huang, Yiping - William Davidson Institute, University of Michigan - 2001
Chinese banks suffer from serious financial fragility manifested by high proportions of non-performing loans and low capital-adequacy ratios. A key policy introduced recently by the Chinese government to reduce financial risks is the establishment of four asset management companies (AMCs) for...
Persistent link: https://www.econbiz.de/10005677622
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How has Economic Restructuring Affected China’s Urban Workers?*
Giles, John; Park, Albert; Cai, Fang - William Davidson Institute, University of Michigan - 2003
Using data from the China Urban Labor Survey conducted in five large Chinese cities at year end 2001, we quantify the …
Persistent link: https://www.econbiz.de/10005677732
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A Refinancing Model of Decentralization with Empirical Evidence from China
Park, Albert; Shen, Minggao - William Davidson Institute, University of Michigan - 2002
information in response to market signals. In China, however, banks centralized lending authority following financial reforms in …
Persistent link: https://www.econbiz.de/10005489888