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Nach dem Ausbruch der globalen Finanz- und Wirtschaftskrise 2008 haben die G20-Staats- und Regierungschefs in verschiedenen Gipfelerklärungen umfassende Re-Regulierungen des Finanzsektors und den Abbau globaler Ungleichgewichte versprochen. Die vorliegende Studie untersucht, inwieweit diese...
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We review the major provisions of Dodd-Frank, focusing on the monitoring of systemic risk, the limitation on proprietary trading, the regulation of the hedge fund industry, credit rating agencies, and the rules applicable to derivative trading. We compare these provisions with the recent...
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Since China joined the WTO in 2001, the pressure for bank reforms has mounted as China ought to fully open up its … foreign competition can solve China's banking problem remains to be tested. This paper aims to answer this question through …
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This paper reviews the progress of banking reforms in China over the last five years. The stated goal of reform is to …
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banks lending behavior and firms corporate financing patterns in the Peoples Republic of China (PRC). Based on data on 1 …
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This paper deals with two related issues: the sustainability of China’s exchange rate regime and the opening up of its … to avoid disruptive capital flows. The paper discusses China’s twin surpluses of the current and capital accounts and … the outlook for Chinese capital flows should barriers to capital movements be lifted. It argues that whether China …
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