Recovering Financial Systems - China and Asian Transition Economies -  

Palgrave Macmillan IDE-JETRO Series

This volume explores what happened in the Asian transition economies of China, Vietnam and Myanmar from both macro and micro perspectives. These economies opted for the gradual transition approach rather than the big bang approach that Russia and some CIS economies took. This ensured that institutional change was possible, unlike with the big bang approach. However the processes organized are done so by the governments, the same entities responsible for the planning during the planned economic eras, and whose incentive to reform may be debatable. This book questions whether these governments are capable of implementing effective reform and transformation.

■ Recovering Financial Systems - China and Asian Transition Economies -
■ Edited by WATANABE Mariko
■ £55.00
■ 304pp
■ 2006
■ ISBN0230004741

Contents

List of Figures

List of Tables

Introduction: From Government Allocation to Market Adjustment / M.Watanabe

PART 1: MACRO PERFORMANCE: HOW HAS THE GOVERNMENT AFFECTED MACRO PEFORMANCE?

Macroeconomic Stability and Seigniorage for Fiscal Revenue: East Asia versus Eastern Europe and the CIS / K.Kimura

The Effects of Changes of Policy Tool during the Transition Period in China / M.Kodama

The Inter-provincial Capital Flows During the Transition Period of China / S.Watanabe

PART 2: MICRO AGENTS: TRANSFORMATION OF THE BEHAVIOURAL PRINCIPLE

Trade Credit and Imperfect Enforcement / N.Yanagawa

Trade Credit and Chinese Law / O.Takamizawa

Determinants of Trade Credit in China: An Empirical Investigation / S.Itoh

Determinants of Debt, Bank Loan, Trade Credit of Private Firms in the Transition Period: The Case of Myanmar / F.Mieno

Household Savings Decision and Institutional Development: The Case of Rural Households in China / H.Hoken

Repression of the Banking Sector in the Transition to a Market-Based Economy: The Case of Vietnam / K.Kubo

Improving Corporate Governance and Regulations on Power Abuse by Controlling Shareholders in China / J.Zhou

The State as 'Expropriating' Concentrated Owner in China / M.Watanabe

Index