Beating the trap of financial repression in China

Cato Journal

Volumn 21, Issue 1, 2001, Pages 77-90

  Li, David D ^a,b  

^a Department of Economics ^*

^b HONG KONG UNIVERSITY OF SCIENCE AND TECHNOLOGY   (Hong Kong)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0011702712     PISSN: 02733072     EISSN: 02733072     Source Type: Journal    
DOI: None     Document Type: Review

References (9)

1. Bai, C.; Li, D.D.; Qian, Y.; and Wang, Y. (1999) "Anonymous Banking and Financial Repression: How Did China's Reform Limit Government Predation without Reducing Its Revenue?" CEPR Working Paper, London.
2. Bai, C.; Li, D.D.; Qian, Y.; and Wang, Y. (2000) "Financial Repression and Optimal Taxation." Economics Letters 70: 245-51.
3. Hofman, B. (1998) "Fiscal Decline and Quasi-Fiscal Response: China's Fiscal Policy and System, 1978-1994." In O. Bouin, F. Coricelli, and F. Lemoine (eds.) Different Paths to a Market Economy: China and European Economies in Transition. Paris and London: OECD.
4. Li, D., and Li, S. (1996) "The Corporate Debt Crisis in China: Analysis and Policy Proposal." In G. J. Wen and D. Xu (eds.) The Reformability of China's State Sector. River Edge, N.J.: World Scientific.
5. Li, S.; Li, D.D.; and Wang, Y. (1997) "Zhong Guo Shang Ye Ying Hang Ti Zhi Gai Ge De Zheng Ce Jian Yi." ("A Policy Proposal of Reforming China's Commercial Banking System.") In C. Chang, D. Zheng, and Y. Wang (eds.) Yin Qi Gai Ge He Fa Zhang Di Qu Xing Jing Rong Zhong Xin De the Ce Lue (The Bank-Enterprise Relations and Strategies of Developing Regional Financial Centers.) Beijing: Zhong Guo Jing Ji Chu Ban Che. (Beijing: China Economic Publisher.)
6. McKinnon, R. (1973) Money and Capital in Economic Development. Wash-ington, D.C: Brookings Institution.
7. McKinnon, R. (1993) The Order of Economic Liberalization: Financial Control in the Transition to a Market Economy. 2d ed. Baltimore: Johns Hopkins University Press.
8. Roubini, N., and Sala-i-Martin, X. (1995) "A Growth Model of Inflation, Tax Evasion, and Financial Repression." Journal of Monetary Economics 35(2): 275-302.
9. Shaw, E.S. (1973) Financial Deepening in Economic Development. New York: Oxford University Press.