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This paper presents an integrated overview of the literature linking institutions, financial development and economic growth. From the large body of research on institutional development, the paper first selects those contributions that make it possible to study the role of institutional...
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This chapter surveys the literature on the political economy of finance. This field offers three main insights. First, it highlights the importance of the role of political institutions in financial development. Second, it shows how the distribution of political power in society drives the...
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China passed a law of trusts in 2001 intending it to be useful to financial market participants. Drawing heavily from … institutionalized in China. The conclusion is that a legislature's passing of a trust law does not alone make the trust an institution … provisions in China's Trust Law are unclear, and this prevents the law from functioning with predictability. Further, there is …
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, China, in November 2018 and May 2019, and at the 12th International Conference on the Chinese Economy, University of … China's capitalism is a matter of institutional revolution. Institutional Change and China Capitalism aims to provide a …, macroeconomic dynamics, network analysis and behavioral finance to illustrate the various facets of China's transition to capitalism …
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