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China's Financial Transition at a Crossroads

Edited by Charles Calomiris

August, 2007
Cloth, 432 pages, 47 figures and 44 tables
ISBN: 978-0-231-14192-5
$39.95 / £25.95

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"“Pleasantly meaty and thought provoking.” -Barron’s

" — Leslie P. Norton, Barron’s

"An excellent overview of China's financial markets." — Richard N. Cooper, Foreign Affairs

"A valuable collection." — Dwight H. Perkins, Business History

"A must read for economists, finance professionals, development experts, political scientists, and sociologists interested in the economic transformation of China and the phenomenon's wide-ranging implications." — Ross Levine, Brown University

"This extremely useful book gives the perspectives of leading academic economists on China's difficult transition to financial liberalization. It will be an extremely useful reference for anyone trying to understand Chinese financial systems as well as the country's halting efforts towards financial liberalization. Collectively, the analyses underscore the fact that in a rapidly globalizing economy such as China's, there is just as great a risk to reforming financial markets too slowly as to reforming them too quickly." — Kenneth Rogoff, Thomas D. Cabot Professor of Public Policy, Harvard University

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About the Author

Charles W. Calomiris is the Henry Kaufman Professor of Financial Institutions at Columbia Business School and a professor at Columbia's School of International and Public Affairs. He also serves as the academic director of the Jerome A. Chazen Institute of International Business and of the Center for International Business Education and Research at Columbia University. Calomiris codirects the Project on Financial Deregulation at the American Enterprise Institute. He is a member of the Shadow Financial Regulatory Committee and a research associate of the National Bureau of Economic Research, and he was a senior fellow at the Council on Foreign Relations. He also served as a congressional appointee to the International Financial Institutions Advisory Commission in 2000.

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