This book deals with important issues in China's financial reform, such as the central bank and monetary policies, banking and non-banking financial institutions, and corporate governance. It discusses the lessons from and implications of other countries' experiences in financial reforms.
1. An Overview of China's Financial Markets: Progress, Problems and
Prospects
2. China and the Asian Financial Contagion
3. Roots of the
Financial Crisis in Asia and Implications for China
4. Why Has China Survived
the Asian Crisis So Well: What Risks Remain?
5. Capital Account
Liberalization: Sequencing and Implications
6. What Lessons US Financial
Markets Can Provide to China
7. Political Power Transitions and Chinese
Economic Policy
8. Financial Development and Macroeconomic Stability in China
9. Money Market in China
10. Credit Quota as a Banking Risk Control in China:
A Retrospect
11. Noise Trading in the Chinese Stock Market
12. Explaining IPO
under pricing in China
13. China's Experience with Indexed Government Bonds,
19881996
14. Trust and Investment Corporations in China
15. Lessons from a
Survey of Urban Credit Cooperatives in China
16. Improving Access to Credit
in Rural China
17. Restructuring China's State-Owned Enterprises: Corporate
Governance Perspective
18. Insider Control, Corporate Governance, and the
Soft Budget Constraint: Theory, Evidence, and Policy Implications
19.
Transparency and China's Aspirations
20. Provincial Distribution of Direct
Foreign Investment in China, 19921996: A Pooled Time-Series Empirical Study
