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the Chinese banks, as the good results may have been artificially created with massive government support and the …Since China joined the WTO in 2001, the pressure for bank reforms has mounted as China ought to fully open up its … financial market to foreign competition by 2006. Efficiency is key for domestic banks to survive in a liberalised environment …
Persistent link: https://www.econbiz.de/10010273412
the Chinese banks, as the good results may have been artificially created with massive government support and the … fundamentals of the banks may be still weak. -- data envelopment analysis (DEA) ; efficiency ; banking ; China …Since China joined the WTO in 2001, the pressure for bank reforms has mounted as China ought to fully open up its …
Persistent link: https://www.econbiz.de/10003725555
. Russia s transition since 1992 is examined as an example of the neoliberal approach, while China s transition since 1978 is … analyzed as an example of the state directed approach. The primary explanation for China s economically superior transition …
Persistent link: https://www.econbiz.de/10011527411
Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data … listing suspension mechanism, i.e., the ST designation, adopted by China's securities regulatory agency appears to be … literature on economic transition, our findings suggest that any fundamental improvement in China's corporate governance will …
Persistent link: https://www.econbiz.de/10010274393
Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data … listing suspension mechanism, i.e., the ST designation, adopted by China's securities regulatory agency appears to be … literature on economic transition, our findings suggest that any fundamental improvement in China's corporate governance will …
Persistent link: https://www.econbiz.de/10003253453
This paper looks at the development and transformation of the People's Republic of China (PRC)'s financial system since … credit expansion impetus of large commercial banks, while the effectiveness of capital-based constraints and administrative … measures is far below potential. Large state-owned banks have become important players in bond and equity markets, as well as …
Persistent link: https://www.econbiz.de/10011811858
In the aftermath of sovereign default of August 1998, the hypothesis of virtual economy in Russia developed by Gaddy … supported with subsidies before survive by over-pricing their output. Customers pass the bill back to the government by reducing …
Persistent link: https://www.econbiz.de/10014118904
transformation first in China, accompanied by macroeconomic growth. …
Persistent link: https://www.econbiz.de/10010494393
The desirability of WTO membership for China depends on whether its economic successes have been the result of its … discovery of new institutional forms (e.g. dual track pricing, SOE contracts, and fiscal contracts) that are optimal for China … advanced member of WTO. If the experimentalist interpretation of China''s phenomenal growth is correct, then WTO membership is …
Persistent link: https://www.econbiz.de/10010318608
transformation first in China, accompanied by macroeconomic growth. -- reforms ; transformation ; party-state systems ; goulash …
Persistent link: https://www.econbiz.de/10003824106