Finance and the Real Economy

China and the West since the Asian Financial Crisis

Autor*innen

• Peter Nolan

Parameter

• 184 Seiten
• 7 Lesestunden

• Politikwissenschaft
• Regionale & Exilliteratur
• Wirtschaft

Mehr zum Buch

The book explores the contrasting philosophical foundations of finance in China and the West, tracing their divergence since ancient times. Following the Asian Financial Crisis, China has focused on reforming its financial system while maintaining protection from global competition. In contrast, the West has dismantled regulatory structures, leading to a significant rise in asset prices and debt, culminating in the 2008-09 financial collapse. As China plans to open its capital markets, the interaction between these two financial systems is poised to shape the future of global political economy.

• Sprache: Englisch
• Erscheinungsdatum: 2022
• Einband: Paperback