State Banks and Economic Development in China
Contribuinte(s) |
Wiley Europe Ltd |
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Data(s) |
01/01/2001
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Resumo |
State-owned banks remain dominant in China's financial sector despite over two decades of gradual financial liberalization. Their performance is typically evaluated using commercial banking criteria. The standard view is that because state banks have experienced declining profitability and capital adequacy, they have been a drain on past economic development and endanger future growth prospects. However, we argue that state banks have strong development bank characteristics and hence warrant different performance criteria. The analysis in this paper suggests that while thier commercial performance may have been poor, the overall impact of state banks on China's economic development appears to have been both positive and sustainable. Copyright © 2001 John Wiley & Sons, Ltd. |
Identificador | |
Idioma(s) |
eng |
Publicador |
Wiley, Europe Ltd |
Palavras-Chave | #C1 #340213 Economic Development and Growth #729999 Economic issues not elsewhere classified |
Tipo |
Journal Article |