Law, Finance, and Economic Growth in China: An Introduction.
China has experienced remarkable economic growth for three decades despite having a weak legal system and under-developed financial markets thought to be crucial for economic development. An assessment of the relationship among the legal and financial systems and economic growth reveals a complex se...
| Main Authors: | , |
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| Format: | Journal article |
| Language: | English |
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Elsevier
2009
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| _version_ | 1826277616196255744 |
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| author | Yao, Y Yueh, L |
| author_facet | Yao, Y Yueh, L |
| author_sort | Yao, Y |
| collection | OXFORD |
| description | China has experienced remarkable economic growth for three decades despite having a weak legal system and under-developed financial markets thought to be crucial for economic development. An assessment of the relationship among the legal and financial systems and economic growth reveals a complex set of institutional factors that have underpinned China's marketization, and which is not premised on the establishment of a legal or financial system before development takes off. China's experience holds lessons for other developing countries struggling with imperfect legal systems and nascent financial markets, which are not uncommon features of economies at an early stage of development. |
| first_indexed | 2024-03-06T23:31:35Z |
| format | Journal article |
| id | oxford-uuid:6c36c058-c2c6-49bf-b6a6-3bce7e321859 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-06T23:31:35Z |
| publishDate | 2009 |
| publisher | Elsevier |
| record_format | dspace |
| spelling | oxford-uuid:6c36c058-c2c6-49bf-b6a6-3bce7e3218592022-03-26T19:09:19ZLaw, Finance, and Economic Growth in China: An Introduction.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:6c36c058-c2c6-49bf-b6a6-3bce7e321859EnglishDepartment of Economics - ePrintsElsevier2009Yao, YYueh, LChina has experienced remarkable economic growth for three decades despite having a weak legal system and under-developed financial markets thought to be crucial for economic development. An assessment of the relationship among the legal and financial systems and economic growth reveals a complex set of institutional factors that have underpinned China's marketization, and which is not premised on the establishment of a legal or financial system before development takes off. China's experience holds lessons for other developing countries struggling with imperfect legal systems and nascent financial markets, which are not uncommon features of economies at an early stage of development. |
| spellingShingle | Yao, Y Yueh, L Law, Finance, and Economic Growth in China: An Introduction. |
| title | Law, Finance, and Economic Growth in China: An Introduction. |
| title_full | Law, Finance, and Economic Growth in China: An Introduction. |
| title_fullStr | Law, Finance, and Economic Growth in China: An Introduction. |
| title_full_unstemmed | Law, Finance, and Economic Growth in China: An Introduction. |
| title_short | Law, Finance, and Economic Growth in China: An Introduction. |
| title_sort | law finance and economic growth in china an introduction |
| work_keys_str_mv | AT yaoy lawfinanceandeconomicgrowthinchinaanintroduction AT yuehl lawfinanceandeconomicgrowthinchinaanintroduction |