China's financial policies in 2000 are being clarfied:China will continue to follow its positive financial policies.This signifies that in 2000,the Chinese economy will operateunder the gridance of positive financ...China's financial policies in 2000 are being clarfied:China will continue to follow its positive financial policies.This signifies that in 2000,the Chinese economy will operateunder the gridance of positive financial policies.展开更多
Fiscal and Financial Policy to Bolster Real EconomyChina will continue with stable macroeconomic policies and adopt a combination of fiscal and fnancial measures in an effort to boost domestic demand and bolster suppo...Fiscal and Financial Policy to Bolster Real EconomyChina will continue with stable macroeconomic policies and adopt a combination of fiscal and fnancial measures in an effort to boost domestic demand and bolster support for real economy, the State Council's executive meeting chaired by Premier Li Keqiang decided in the end of July.展开更多
The purpose of this article is to reflect upon the importance and the role of financial institutions before, during, and after the financial crisis and to outline proposals for alternative approaches to the financial ...The purpose of this article is to reflect upon the importance and the role of financial institutions before, during, and after the financial crisis and to outline proposals for alternative approaches to the financial crisis. Without an understanding of the historic development, nature and scope, and important limitations of modem financial institutions, the regulatory reform of modem financial institutions cannot be successful. The success of financial reforms and their restructuring can only be measured when modem financial institutions participate, support, and develop the real economy and support a more balanced, inclusive, and diverse social development process. This is what the really ＂exciting＂ banking and finance organizations should stand for. The regulatory reforms, bail-outs, and dominant ideas about the European banking union, for example, are impeding, rather than facilitating, hope for real economic and social recovery on both sides of the Atlantic. The method used in the present article, is legal and institutional analysis of the financial institutions. The empirical and comparative overview of the role and importance of financial institutions shows the variety of financial institutions developed in different historical and socio-economic circumstances. They show there is no one single best model of financial institutions that could be universally applicable. The design and the regulatory framework for the financial institutions should therefore take into account the overall strategy of economic and social development. In absence of any such comprehensive strategy it is unlikely that the regulatory reform of the financial institutions can be successful.展开更多
文摘China's financial policies in 2000 are being clarfied:China will continue to follow its positive financial policies.This signifies that in 2000,the Chinese economy will operateunder the gridance of positive financial policies.
文摘Fiscal and Financial Policy to Bolster Real EconomyChina will continue with stable macroeconomic policies and adopt a combination of fiscal and fnancial measures in an effort to boost domestic demand and bolster support for real economy, the State Council's executive meeting chaired by Premier Li Keqiang decided in the end of July.
文摘The purpose of this article is to reflect upon the importance and the role of financial institutions before, during, and after the financial crisis and to outline proposals for alternative approaches to the financial crisis. Without an understanding of the historic development, nature and scope, and important limitations of modem financial institutions, the regulatory reform of modem financial institutions cannot be successful. The success of financial reforms and their restructuring can only be measured when modem financial institutions participate, support, and develop the real economy and support a more balanced, inclusive, and diverse social development process. This is what the really ＂exciting＂ banking and finance organizations should stand for. The regulatory reforms, bail-outs, and dominant ideas about the European banking union, for example, are impeding, rather than facilitating, hope for real economic and social recovery on both sides of the Atlantic. The method used in the present article, is legal and institutional analysis of the financial institutions. The empirical and comparative overview of the role and importance of financial institutions shows the variety of financial institutions developed in different historical and socio-economic circumstances. They show there is no one single best model of financial institutions that could be universally applicable. The design and the regulatory framework for the financial institutions should therefore take into account the overall strategy of economic and social development. In absence of any such comprehensive strategy it is unlikely that the regulatory reform of the financial institutions can be successful.
