The Development Logic and Institutional Arrangement of China's Civil Financing
Zeng Kai
Abstract
Zeng Kai
Abstract
The civil financing has provided financial resource for China's gradual reform.Based on analyzing the change of past reform of financial institution,this paper insisted that civil financing has risk character,and it is induced institutional change based on private economy,finally proposed the institutional arrangement of developing civil financing.
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The civil financing has provided financial resource for China's gradual reform.Based on analyzing the change of past reform of financial institution,this paper insisted that civil financing has risk character,and it is induced institutional change based on private economy,finally proposed the institutional arrangement of developing civil financing.
Key concepts: China, Finance, Business, Institutional change, Resource (disambiguation), Institution, Financial institution, Character (mathematics)