The Financial Implications of China’s Belt and Road Initiative
Produktnummer:
1822445ef6ec92461a97eda319031e88e1
Autor: | Lasak, Piotr van der Linden, René W.H. |
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Themengebiete: | Banking Reforms Belt and Road Initiative China’s Economic Slowdown China’s Financial Market Liberalization China’s Policy Trilemma Financial Regulation in China Financial Stability Globalization Shadow Banking Sustainable Growth |
Veröffentlichungsdatum: | 27.11.2019 |
EAN: | 9783030301170 |
Sprache: | Englisch |
Seitenzahl: | 189 |
Produktart: | Gebunden |
Verlag: | Springer International Publishing |
Untertitel: | A Route to More Sustainable Economic Growth |
Produktinformationen "The Financial Implications of China’s Belt and Road Initiative"
This book systematically discusses the contribution of the Belt and Road Initiative (BRI) to China’s transition from an emerging to an advanced economic and financial system after more than five years. From a historical perspective, it explains to what extent the BRI plan is effective enough to help China bounce back from its economic slowdown and the financial implications in a policy trilemma context. Further, it investigates both the rationale of the BRI and its pitfalls, focusing on the various options for financing the project based on the Mundell & Fleming model. The book also analyses the impact of the BRI as well as possible policy options to deal with China’s policy trilemma in a structurally more balanced “new normal” economic growth model. Lastly, it reviews the financial stability issues concerning liberalization policies in China.

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