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China in the Asian Financial Crisis, Hardcover by Nolan, Peter, Brand New, Fr...

Description: China in the Asian Financial Crisis, Hardcover by Nolan, Peter, ISBN 0415303729, ISBN-13 9780415303729, Brand New, Free shipping in the US "The widely-held view of the Asian Financial Crisis is that it had no substantial impact on China. In fact, the country was far more vulnerable than most people realized, due to the high possibility of financial contagion entering the system from Hong Kong through Guangdong province. This book analyzes the severe policy challenge that it presented for China's leaders. The crisis in Guangdong's financial institutions provided a forewarning of the difficulties that lay ahead as China's integration with theglobal financial system deepened. The experience of Guangdong in the Asian Financial Crisis provided a profound lesson for China's policy-makers as they planned the country's strategy for financial reform in the following years. China was able to avoid disaster by astute and difficult policy choices, in the face of fierce pressure from outside the country, as well as from different domestic interests at many different levels. The successful resolution of the crisis provided a breathing space for the leadership. It gave it time to undertake necessary reforms in the country's financial system in the decade that followed the crisis"--

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End Time: 2025-01-17T07:48:10.000Z

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China in the Asian Financial Crisis, Hardcover by Nolan, Peter, Brand New, Fr...

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Book Title: China in the Asian Financial Crisis

Number of Pages: 368 Pages

Language: English

Publication Name: China in the Asian Financial Crisis

Publisher: Taylor & Francis Group

Publication Year: 2020

Subject: Ethnic Studies / General, International / Economics, Economic History, Economic Conditions, General, Public Policy / Economic Policy

Type: Textbook

Item Length: 9.2 in

Author: Peter Nolan

Subject Area: Political Science, Social Science, Business & Economics

Series: Routledge Studies on the Chinese Economy Ser.

Item Width: 6.2 in

Format: Hardcover

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