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by: Victor C. Shih List Price: $29.99 Amazon.com's Price: $26.99 You Save: $3.00 (10%) as of 09/06/2010 21:04 EDT Used Price: $26.98 Third Party New Price: $26.98 Availability: Usually ships in 24 hours This item ships for FREE with Super Saver Shipping. Binding: Paperback Dewey Decimal Number: 320 EAN: 9780521106474 Edition: 1 ISBN: 0521106478 Label: Cambridge University Press Manufacturer: Cambridge University Press Number Of Items: 1 Number Of Pages: 268 Publication Date: March 23, 2009 Publisher: Cambridge University Press Studio: Cambridge University Press Related Items: Capitalism with Chinese Characteristics: Entrepreneurship and the State The Party: The Secret World of China's Communist Rulers The Chinese Economy: Transitions and Growth The Volatility Machine: Emerging Economics and the Threat of Financial Collapse The Invisible Hands: Hedge Funds Off the Record - Rethinking Real Money see more Alternate Versions: Click to Display Browse for similar items by category: Click to Display Editorial Review: Product Description: How does the Chinese banking sector really work? Nearly all financial institutions in China are managed by members of the Communist Party, yet economists and even those who engage the Chinese banking sector simply do not have a framework with which to analyze the links between banking and politics. Drawing from interviews, statistical analysis, and archival research, this book is the first to develop a framework with which to analyze how elite politics impact both monetary and banking policies. This book serves as an important reference point for all subsequent work on Chinese banking. Book Description: Nearly all financial institutions in China are managed by members of the Communist Party, yet economists do not have a framework with which to analyze the links between banking and politics. This book is the first to develop a framework with which to analyze how elite politics impact both monetary and banking policies. Customer Reviews Average Rating: Rating: - fascinating! great look into China's politics and banking, actually explains quite about about China's inability to switch from an export based, dollar propping up economy to a consumer society. This, combined with the more recent articles coming out of China really put to lie the idea that the Communist Party is some cool, calculating entity that is able to think 10 moves ahead of the decadent and shortsighted West. Rating: - Brilliant Shih's model is simple and brilliant. Though it complicates the normal factional model that I've seen elsewhere, Shih is convincing in his historical rooting of the actors. The only thing I wish he had explored with a bit more gusto would have been the role that institutionalization of power in China has weakened factional competition, and whether or not this could lead to reform of the financial sector. But even without this, I have to give Shih 5 stars. Rating: - Engaging and thorough As someone with some knowledge of China, I picked up this book because the title sounded interesting. Also, I wanted to know more about the financial system in China. It was kind of a whim, but I am so glad I got the book. Dr. Shih provides an insightful and poignant analysis unveiling the deep interdependencies between Chinese banking policy of the last two decades and the evolving political landscape of the Chinese Communist Party. First of all, I learned a LOT about the banking system in China, ... Read More