› › Peer To Peer Lending With Chinese Characteristics Development Regulation And Outlook

Peer-to-Peer Lending with Chinese Characteristics: Development, Regulation and Outlook

Author : Shanghai Finance Institute PtoP Research Group

Publisher : Routledge

Page : 131 pages

File Size : 43,5 MB

Release : 2016-10-04

Category : Business & Economics

ISBN : 1315282232

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Book Description

Literature on China's finance in the West has focused on "financial repression" in its highly regulated financial markets. However, fundamental changes in China's financial system are underway and China's peer-to-peer (P2P) lending is now the largest in the world. This book uses exclusive researches, interviews and surveys to bring readers a clear picture of the rapidly developing P2P lending industry in China. It is comprised of two parts. The first part is a comprehensive analysis of China's P2P lending industry. It outlines the factors behind the meteoric rise of P2P lending in China, and also the challenges its rapid rise has posed. The second part is a panoramic survey of China's P2P lending industry with study of typical cases, which could also provide reference to the analysis in the first part. Besides, it introduces the existing relevant regulations, regulators, likely upcoming regulatory measures as well as the diverse body of new financial institutions appearing with the development of the industry, to analyse in-depth the current functioning of the industry in China and its lending practices through a large scale survey.



Chinese Economic Growth and Fluctuations

Author : Liu Shucheng

Publisher : Routledge

Page : 236 pages

File Size : 17,90 MB

Release : 2017-03-27

Category : Business & Economics

ISBN : 1317482832

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Book Description

Since the economic reform of the 1980s, Chinese economy has boomed and has now become the second largest in the world. Based on the constant and systematic researches of economic periodicity, this book studies Chinese economic growth and fluctuations. As a famous Chinese economist, the author is the first one who demonstrated the investment periodicity in China. His groundbreaking studies on Chinese economic periodic fluctuation have significant impact at home and abroad. The first six papers collected in this book mainly examine issues on Chinese periodic fluctuation and macroeconomic regulation, including the periodic fluctuations from 1953 to 1994, and a comparative analysis of five macroeconomic regulations since the reform and open up in the late 1980s. The last seven papers appear in the author's collected works for the first time. They are focused on the new characteristics of Chinese macroeconomic operation and regulation after the financial crisis of 2007-2008. In addition, this book reviews on China's economic growth from 1949 to 2009 and provides some valuable suggestions on how to maintain the rising trend of the new economic cycle.



Chinese Macroeconomic Operation

Author : Liu Shucheng

Publisher : Taylor & Francis

Page : 196 pages

File Size : 35,58 MB

Release : 2017-03-27

Category : Business & Economics

ISBN : 1317482905

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Book Description

Liu Shucheng is a famous Chinese economist who has a major impact on the study of China's macroeconomics and quantitative economics. Selecting some of Liu's representative studies on Chinese macroeconomy, this book will be a valuable reference for understanding and studying Chinese economy. The first five papers appear in the author's collected works for the first time. They mainly study the overall balance of Chinese macroeconomic operation and the relative economic mathematical models. The commodity-currency balance sheet improved the earliest input-output model introduced to China in the 1980s, and the author's frontier research is of great importance for Chinese economic study. In attempting to solve the problems caused by incontrollable fixed assets investment, the author examines the periodicity of fixed assets investment in China, including the characteristics, causes, and the impact of investment periodic fluctuation on economic periodic fluctuation. Besides, the author studies Phillips curves in China in a comprehensive and intensive way. These in-depth analysis provide original insights based on the author's extensive research.



Food Security and Social Protection for the Rural Poor in China

Author : Ling Zhu

Publisher : Taylor & Francis

Page : 240 pages

File Size : 18,32 MB

Release : 2017-03-27

Category : Business & Economics

ISBN : 1315278049

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Book Description

Economic growth and its relevant subjects have been given the first priority in the research agenda since China initiated economic reforms in 1978, while the topics of social protection and gender equality have been largely left at the periphery for a long period. This book is a collection of evidence-based studies conducted mainly in poor areas of rural China during the recent two decades. Based on individual interviews and sample data analyses, this book emphasizes the importance of cooperative organizations to poverty reduction, and puts forward that gender equality is closely related with sustainable development. In addition, it addresses the issues of food security and elimination of social exclusion - the key to bridging economic divide. It also studies social protection, including basic health protection system, nutrition and healthcare for children, old age security for landless farmers and rural migrant workers. By providing first-hand accounts of different vulnerable groups, such as the poor, women, migrant workers, ethnic minorities and small farmers, this book offers valuable insights into studies of contemporary Chinese society and economy.



China's Fiscal Policy

Author : Gao Peiyong

Publisher : Taylor & Francis

Page : 125 pages

File Size : 21,35 MB

Release : 2017-07-06

Category : Business & Economics

ISBN : 1317480864

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Book Description

As an important macroeconomic variant, the fiscal revenue and expenditure can influence the operation of the whole economic and social activities by changing the existing GDP distribution pattern, affecting the consumption and investment of enterprises and people, etc. Thus, fiscal policy has always been a primary instrument of macroeconomic regulation. This book imports fiscal policy into the framework of macroeconomic analysis and through the analysis of the former, it unfolds the major changes of China's macroeconomic operation in the past 20 years. This book begins with China's rejoining the General Agreement on Tariffs and Trade (GATT) in the 1990s which enabled China to deepen the reform and join the international market finally. It elaborates on the challenges China's taxation would be confronted with after rejoining the GATT, including the decrease of tax revenue and higher requirements for tax reform. Then this book combs China's fiscal policies under various economic situations chronologically–tax policy under the background of deflation, proactive fiscal policy at the beginning of 21st century, macroeconomic policy options facing a complicated and volatile economy, etc. How to deal with the ¡°new normal¡± of development China's economy has entered is also addressed. This book will appeal to scholars and students of economics and China's economic studies.



The Chinese Path to Economic Dual Transformation

Author : Li Yining

Publisher : Routledge

Page : 439 pages

File Size : 37,46 MB

Release : 2017-08-29

Category : Business & Economics

ISBN : 1351581651

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Book Description

Economic transformation in traditional development economics refers to the transition from an agricultural society to an industrial one. Based on the practical conditions and the experience since reform and opening up in the late 1970s, the author observes that the path China's economy takes is a dual transformation, namely, developmental transformation from an agricultural society to an industrial economy, and institutional transformation from planned economy to market economy. Centering on property ownership reform which is the supreme reform of the dual transformation, this book discusses land ownership approval, stock-holding system reform and the maintaining ownership of private enterprises, etc. Besides, the book expounds on the urbanization in China, believing that it is not only the outcome of the dual transformation but also the booster that will help China's economy continue to develop at a high speed. Independent innovation and industrial upgrading which is the key to the enhancement of enterprises' competitiveness is also covered. The combination or overlapping of the two types of transformations in China has had no precedent in history, and it has not been discussed in traditional development economics. Scholars and students in China's economic studies and development economics studies will be attracted by this book. In addition, this book will be a valuable reference for other developing countries which are undergoing economic transformation.



Free the Land

Author : Jian Pu

Publisher : Taylor & Francis

Page : 200 pages

File Size : 39,99 MB

Release : 2017-03-16

Category : Business & Economics

ISBN : 1315388979

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Book Description

Land reform has been the most challenging social issue for China which is in the transition from an agricultural society to an industrialized country. By introducing trust theory into China's land reform, this book attempts to settle the issues of land right verification and land circulation with financial tools, which provides significant implications for not only land reform but also trust theory study.



Hyperinflation

Author : He Liping

Publisher : Routledge

Page : 330 pages

File Size : 15,55 MB

Release : 2017-10-03

Category : Business & Economics

ISBN : 1351361880

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Book Description

Since 1970s when the world was experiencing an "age of inflation", a great volume of academic research about hyperinflation has been conducted. However, it is also true that parrot-like superficial talks abound, without questioning the economic, political and social foundations existing underneath the economic phenomenon. Based on research results of contemporary economists, media reports and historical works, this book will be the most comprehensive narrative of all major events of hyperinflation worldwide from the turn of the first millennium to the mid-2010s. Firstly, it gives a brief illustration of the basic concepts of hyperinflation, starting with the definitions and price measurement. Then it traces and analyzes all major episodes of hyperinflation that occurred over the past two thousand years or so, from the earliest incidence to the four tidal waves in the 20th century, and to the three latest episodes in the 21st century. Using basic concepts in modern finance such as indexation and dollarization, this book explains why hyperinflation in some countries could explode into astronomical levels, while rhythms of hyperinflation in the 20th century world are in resonance of megatrends in world economy and politics. Finally, this book underscores the importance of policy making, institutional building and international relations in the process of hyperinflation and stabilization. Scholars and students studying money and finance, economic history, international finance and economics will be attracted by this book.



Game Theory and Society

Author : Weiying Zhang

Publisher : Routledge

Page : 406 pages

File Size : 36,25 MB

Release : 2017-12-14

Category : Business & Economics

ISBN : 1351330985

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Book Description

The progress of society can only happen through interpersonal cooperation, because only cooperation can bring about mutual benefit, thus bringing happiness to each person. This should be our collective rationality, but we often see it conflicts with individual interests, which leads to the so-called "Prisoners’ Dilemma" and does not bring happiness to all. From a game theoretical perspective, this book addresses the issue of how people can cooperate better. It has two objectives. The first is to use common language to systematically introduce the basic methodologies and core conclusions of Game Theory, including the Nash equilibrium, multiple equilibriums, dynamic games, etc. Mathematics and theoretical models are used to the minimum necessary scope too, to make this book get access to ordinary readers with elementary mathematical training. The second objective is to utilize these methods and conclusions to analyze various Chinese social issues and institutional arrangements, with a focus on the reasons people exhibit non-cooperative behaviors as well as the institutions and cultures that promote interpersonal cooperation. In addition to economics, specialists in sociology, law, history, politics and management will also be attracted by this book for its insightful analysis on the issue of cooperation in these fields. Also, readers curious about Chinese society will benefit from this book.



China’s Economic Reform

Author : Zhang Yu

Publisher : Routledge

Page : 293 pages

File Size : 13,29 MB

Release : 2017-10-12

Category : Business & Economics

ISBN : 1351613111

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Book Description

China’s growth miracle over the past 30 years has propelled it to become the world’s second largest economy and potentially the largest in the following years. This book examines China’s experience on economic reform, trying to find the reasons for the sustainable and rapid development and provide insights into the study of economic theories. From the perspective of political economics, this book elaborates on China’s socialist market economy which was officially confirmed as the goal of the country’s economic reform in 1992. It expounds on China’s economic model, the relationship between socialism and market economy, as well as the establishment and improvement of socialist market economy in China, deepening the studies in the laws governing China’s economic development. Then, it explores the gradual reform, the reform of state-owned enterprises, and the relationship between governments and market, all of which are crucial to the success of China’s economic reform. Finally, based on the analysis above, this book discusses the reasons for the constant and rapid development of China’s economy. With detailed analysis on the reform experience and theoretical implications, this book will appeal to scholars and students studying China’s economy, and contribute to the development of economic theories.