| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13269 |
| DP13269 A Review of China’s Institutions | |
| Franklin Allen; Jun Qian; Meijun Qian | |
| 发表日期 | 2018-10-20 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | The spectacular economic growth in China in the past four decades has inspired a large strand of research to understand China’s unconventional growth path. This paper focuses on the recent development of China’s institutions, financial markets, innovations and government-business relations in the context of their roles in supporting China’s growth. The government’s role in finance and the economy has advantages and disadvantages as compared to developed markets in the West. Alternative financing channels and governance mechanisms, rather than the markets and banks, continue to promote growth in the most dynamic sectors of the economy, despite the fact that China has passed the early-development stage. More research is needed to understand the Chinese experience and see whether similar mechanisms are behind the growth in other economies. |
| 主题 | Financial Economics |
| 关键词 | Institutions Government Property rights Markets Alternative finance Innovation |
| URL | https://cepr.org/publications/dp13269 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542078 |
| 推荐引用方式 GB/T 7714 | Franklin Allen,Jun Qian,Meijun Qian. DP13269 A Review of China’s Institutions. 2018. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
