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Annette Kleinbrod analyses the Chinese capital market and examines to what extent the stock and bond markets contribute to the financing of China's development. Her approach takes into account the relatively recent re-emergence of the stock and bond markets in China, the limited data available, and the country's current dynamics.
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This book collects ten complementary essays on different aspects of financial sector policy for developing and transitional economies. The essays, by leading theoreticians and practitioners, draw on the history and experience of financial sector policy reforms to derive lessons for the future. The collection is carefully chosen to cover the major contemporary issues, including both crisis avoidance and institution-building. The increasing importance of non-bank finance and of international linkages (including dollarization) for small economies are given special attention.
Includes history of bills and resolutions.
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The history of what we call finance today does not begin in ancient Mesopotamia, or in Imperial China, or in the counting houses of Renaissance Europe. This timely and magisterial book shows that finance as we know it--the combination of institutions, regulations, and models, as well as the infrastructure that manages money, credit, claims, banking, assets, and liabilities--emerged gradually starting in the late nineteenth century and coalesced only after World War II. Kevin Brine, a financial industry veteran, and Mary Poovey, a historian, lay bare the history of finance in the United States over this critical period. They show how modern finance made itself known in episodes such as the 19...
This book explores an adventurous life of engagement in the challenges of economic development in a destitute China (1946-47), war-torn Korea (1951-52), divided Vietnam (1955-1957), and post-Sukarno Indonesia (1966-71). It also relates the author's subsequent experiences helping South Korea enter onto its high growth trajectory and Indonesia to modernize its financial system. Interspersed are vignettes of academic life at Deep Springs College, Cornell University, University of Michigan, Vanderbilt University and Harvard, and the challenges of working with the Navajo Nation to extract revenue and reduce pollution from exploitative coal-mining and power companies, as well as trying to devise an appropriate and viable approach to rural development for the remote, politically and culturally divided district of Abyei, on the border between North and South Sudan. Finally, it describes the author's efforts at preserving environmental and historical resources in Southeast Massachusetts. Throughout, the book recounts and acknowledges the important roles of teachers, colleagues, friends and family in enriching the author's fortunate life.