This timely book investigates the dynamic causes, key forms, potential risks and changing regulation of shadow banking in China. Topics discussed include P2P lending, wealth management products, local government debts, and the underground lending market. Taking policy considerations into account, the author provides a comprehensive analysis of the regulatory instruments tackling the systemic risks in relation to China’s shadow banking sector. Central bank’s role, interest rate formation mechanism, exchange rate reform and further deepening reform of the regulatory regime and financial markets are also thoroughly discussed in the context of China’s continuing financial reform.
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Risk, Regulation and Policy
Globalization and the Politics of Institutional Reform in Japan illuminates Japan’s contemporary and historical struggle to adjust policy and the institutional architecture of government to an evolving global order. This focused and scholarly study identifies that key to this difficulty is a structural tendency towards central political command, which reduces the country’s capacity to follow a more subtle allocation of authority that ensures political leadership remains robust and non-dictatorial. The author argues that it is essential for a globalizing state to incorporate opposition parties and transgovernmental networks into policy-making processes. Providing an in-depth analysis of the theories of institutional change, this book introduces readers to a wealth of perspectives and counterarguments concerning analysis of political decision-making and policy adjustment on both the national and international scale.
A Triangular Relationship
- Leuven Global Governance series
Edited by Jan Wouters, Jean-Christophe Defraigne and Matthieu Burnay
China, the European Union and the Developing World provides a comparative analysis of Chinese and EU influence across five different regions of the developing world: Asia-Pacific; South and Central Asia; the Middle East and North Africa; Sub-Saharan Africa; and Latin America. While there is broad acknowledgement that the importance of China is rising across the developing world, this book offers a comprehensive and comparative account of the relative increase of the Chinese presence in the various different regions. It highlights its impact on the relationship between the EU and the developing world regions and shows how the rise of China affects the relations between these regions and Europe.
Edited by Susan Trevaskes, Elisa Nesossi, Flora Sapio and Sarah Biddulph
The Politics of Law and Stability in China examines the nexus between social stability and the law in contemporary China. It explores the impact of Chinese Communist Party’s (CCP) rationales for social stability on legal reforms, criminal justice operations and handling of disputes and social unrest inside and outside China’s justice agencies.
Empirical Studies in Culture, Society and Policy Making
Edited by Dimitri Vanoverbeke, Jeroen Maesschalck, David Nelken and Stephan Parmentier
The Changing Role of Law in Japan offers a comparative perspective on the changing role of law in East Asia, discussing issues such as society, cultural values, access to the legal system and judicial reform. This innovative book places Japan in the wider context, juxtaposed with Europe, rather than the US, for the first time.