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Factions and Finance in China: Elite Conflict and Inflation

Factions and Finance in China: Elite Conflict and Inflation

Factions and Finance in China: Elite Conflict and Inflation
Stock Photo: Cover May Be Different

Factions and Finance in China: Elite Conflict and Inflation

by Victor C. Shih

  • Used
  • Very Good
Condition
Very Good/No jacket
ISBN 10
0521106478
ISBN 13
9780521106474
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About This Item

Cambridge University Press, 2009. Soft cover. Very good/No jacket. Very good, unmarked condition.

Synopsis

The contemporary Chinese financial system encapsulates two possible futures for China's economy. On the one hand, extremely rapid financial deepening accompanied by relatively stable prices are both manifestations of a vigorous growth trajectory that will one day make China the world's largest economy. On the other hand, the colossal store of non-performing loans in the banking sector augurs a troubling future. Factions and Finance in China inquires how elite factional politics has given rise to both of these outcomes since the reform in 1978. The competition between generalists in the Chinese Communist Party and politically engaged technocrats over monetary policies has time and time again prevented inflation from spinning out of control. Shih shows that elite politics has exerted a profound impact on monetary policies and banking institutions in contemporary China.

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Details

Bookseller
Moe's Books US (US)
Bookseller's Inventory #
1124854
Title
Factions and Finance in China: Elite Conflict and Inflation
Author
Victor C. Shih
Format/Binding
Soft cover
Book Condition
Used - Very Good
Jacket Condition
No jacket
Quantity Available
1
Binding
Paperback
ISBN 10
0521106478
ISBN 13
9780521106474
Publisher
Cambridge University Press
Place of Publication
Cambridge
Date Published
2009

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About the Seller

Moe's Books

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Jacket
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