Document Type

Book Chapter

Publication Date

2012

DOI

https://doi.org/10.7208/chicago/9780226237268.003.0002

Abstract

This chapter examines the governance of China's financial system, which, it shows, cannot be adequately explained using conventional paradigms that rely on ownership and legal or regulatory controls alone. Instead, China's governance regime relies heavily on human resource management, which uses control rights over the career path of top-level financial cadres. A commentary is included at the end of the chapter.

Disciplines

International Economics | Law | Public Economics

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