Victor C. Shih is a political economist at Northwestern University specializing in China. An immigrant to the United States from Hong Kong, Dr Shih received his doctorate in Government from Harvard University, where he researched banking sector reform in China with the support of the Jacob K. Javits Fellowship and the Fulbright Fellowship. He is the author of numerous articles appearing in academic and business journals, including The China Quarterly and The Far Eastern Economic Review, and frequent adviser to the private sector on the banking industry in China. His current research concerns the political economy of fiscal transfers in China and Chinese policies toward ethnic minorities. Dr Shih holds a B.A. from the George Washington University, where he studied on a University Presidential Fellowship and graduated summa cum laude in East Asian studies with a minor in economics.
How does the Chinese banking sector really work? Nearly all financial institutions in China are managed by members of the Communist Party, yet economists and even those who engage the Chinese banking sector simply do not have a framework with which to analyze the links between banking and politics. Drawing from interviews, statistical analysis, and archival research, this book is the first to develop a framework with which to analyze how elite politics impact both monetary and banking policies. This book serves as an important reference point for all subsequent work on Chinese banking.
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很認真地試圖讀完,但揮之不去那種“高級火車讀物”的感覺。平時看太kill time瞭,哪天想想再翻翻吧。心性堅定的人,把策略放在利益的前麵。
评分這本書探尋從1978年改革以來精英派係政治如何引起這兩個方麵的結果。這些官員有時間和能力再次阻止通貨膨脹急劇的失控。否則,這些政治精英,無論是政黨人纔還是技術型人纔,仍將把銀行業看作是一個已經準備好的政治資本,因此導緻銀行業持續的政府乾涉和緩慢的改革。通過量化分析和案例深入的研究,Shih認為精英政治在當今中國已經在貨幣整個和銀行機構中産生瞭巨大的影響
评分"The interplay between generalist n technocratic factions ... has engendered monetary cycles in CN throughout the nearly three decades of reform. Intervention by a strong, coherent state provides the preconditions for spectacular growth through ensuring macroeconomic stability although state allocation of capital constitutes a drag on the economy."
评分A marverlous elabration of Chinese inflationary cycle!
评分"The interplay between generalist n technocratic factions ... has engendered monetary cycles in CN throughout the nearly three decades of reform. Intervention by a strong, coherent state provides the preconditions for spectacular growth through ensuring macroeconomic stability although state allocation of capital constitutes a drag on the economy."
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