Reconciling the Chinese Financial Development
[2023-12-30 01:29:08]
In fact, "bad loans, designated credit allocation" is a type of dissipative energy generation.
Note: This document is considered in progress and should be made public for further discussion.
The financial system severely distorted the loanable funds and the optimal allocation of their finances.
Inefficiency - bad loans, designated credit allocation - is actually dissipative energy.
As China's global position as a net creditor has risen, there is considerable interest in the current discussion
wait. 2005). In June 2004, the completely electronic or "second line" market was similar.
The relevance of composition efficiency standards is questioned. Therefore, for finances
The advantages of these externalities (FDI) depend on the local situation, in particular domestic finance.
Because these organizations are trying to satisfy, companies (SOE) and SOB are also inappropriate.
It is defined as 'adaptation efficiency' as the capacity of the development agency by North (1993)
In fact, distribution is the dissipated energy that creates the necessary ripple effect and affects the entire process.
They seem to emphasize "static efficiency" in a sense - for "feasibility of evolution", and
In order to ensure institutional consistency (adaptability in Dosi or evolutionary feasibility)
Movement - Instead, it means the survival of the species most adapted to the surrounding environment. the same
That logic also applies to financial institutions. This is not just the efficiency of manufacturing financial institutions
Indirect efficiency of quotation - bad debt, targeted credit allocation -
23. Rigan, S, "China's interest rate liberalization" - China Financial Sector Reform Conference
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