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- W978834006 abstract "As Douglas North once said,Institutions are the rules of the game in a society.The beginning of wisdom is to understand how the game is played. In the same way,it is vital to understand the international experience and rules of a financial system when a country tries to advance financial reform.International experience shows that the development of a financial industry is a process of balancing the financial stability(alleviating financial risks and preventing criese)and efficiency(Maximinzing profit and improving capital allocation).The business of financial institutions,financial supervision structures,and macroeconomic policy performance largely depend on this balance." @default.
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- W978834006 date "2003-01-01" @default.
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- W978834006 title "China‘s Financial Reform in the Context of Financial Stability and Efficiency" @default.
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