For me,the highlights of these recommendations are the financing and the role of Multilateral Development Banks.The recommendations I follow with most interest are the ones that protect and insure against political ri...For me,the highlights of these recommendations are the financing and the role of Multilateral Development Banks.The recommendations I follow with most interest are the ones that protect and insure against political risk and regulatory risk.These展开更多
This study investigates 92 countries of different legal origins,including 25 English origin,44 French origin,11 Scandinavian and German origin,and 12 socialist origin countries.Compared to other countries,China has th...This study investigates 92 countries of different legal origins,including 25 English origin,44 French origin,11 Scandinavian and German origin,and 12 socialist origin countries.Compared to other countries,China has the highest government ownership of banks,and lies in the middle in terms of official supervisory power over banks,and government efficiency in governance.As regards economic development measured by per capita GDP growth,in the period from 1995 to 2015,China performed significantly better than all the other countries in the sample–countries varying in legal origin,government ownership of banks,level of economic and financial development,supervisory power over banks,and government efficiency.The findings are robust when we examine the country-years with similar per capita GDP as that of China.The regression results show that in some circumstances,higher government ownership of banks is associated with higher economic growth and the positive association is more significant in socialist origin countries.Further discussions suggest that the high government involvement in commercial banks fits in well with the unique characteristics of China–such as a large population,underdeveloped economy,imbalance in resources and development in different areas,as well as the utmost trust placed on the Chinese government and government owned banks–thus may benefit economic growth.展开更多
Entering the first year of the 13th FiveYear Plan（2016-20）period,the Central Government has laid a focus on pushing forward supply-side structural reform,promoting new breakthroughs in green development and speeding...Entering the first year of the 13th FiveYear Plan（2016-20）period,the Central Government has laid a focus on pushing forward supply-side structural reform,promoting new breakthroughs in green development and speeding up the expansion of green finance.In other words,展开更多
New multilateral financial institution initiated by China shoulders highexpectationsFrom an idea on paper to a fully fledged body,the Asian Infrastructure Investment Bank（AIIB）was finally unveiled after two years of...New multilateral financial institution initiated by China shoulders highexpectationsFrom an idea on paper to a fully fledged body,the Asian Infrastructure Investment Bank（AIIB）was finally unveiled after two years of preparation.On January 16,展开更多
China pushes for green bond directives The world may be no stranger to green finance—finance that pays special attention to environmental health,but when it comes to China,the country remains—well,green to the concept.
文摘For me,the highlights of these recommendations are the financing and the role of Multilateral Development Banks.The recommendations I follow with most interest are the ones that protect and insure against political risk and regulatory risk.These
文摘This study investigates 92 countries of different legal origins,including 25 English origin,44 French origin,11 Scandinavian and German origin,and 12 socialist origin countries.Compared to other countries,China has the highest government ownership of banks,and lies in the middle in terms of official supervisory power over banks,and government efficiency in governance.As regards economic development measured by per capita GDP growth,in the period from 1995 to 2015,China performed significantly better than all the other countries in the sample–countries varying in legal origin,government ownership of banks,level of economic and financial development,supervisory power over banks,and government efficiency.The findings are robust when we examine the country-years with similar per capita GDP as that of China.The regression results show that in some circumstances,higher government ownership of banks is associated with higher economic growth and the positive association is more significant in socialist origin countries.Further discussions suggest that the high government involvement in commercial banks fits in well with the unique characteristics of China–such as a large population,underdeveloped economy,imbalance in resources and development in different areas,as well as the utmost trust placed on the Chinese government and government owned banks–thus may benefit economic growth.
文摘Entering the first year of the 13th FiveYear Plan（2016-20）period,the Central Government has laid a focus on pushing forward supply-side structural reform,promoting new breakthroughs in green development and speeding up the expansion of green finance.In other words,
文摘New multilateral financial institution initiated by China shoulders highexpectationsFrom an idea on paper to a fully fledged body,the Asian Infrastructure Investment Bank（AIIB）was finally unveiled after two years of preparation.On January 16,
文摘China pushes for green bond directives The world may be no stranger to green finance—finance that pays special attention to environmental health,but when it comes to China,the country remains—well,green to the concept.
