Factions and Finance in China Elite Conflict and Inflation

ISBN-10: 0521106478
ISBN-13: 9780521106474
Edition: N/A
Authors: Victor C. Shih
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Book details

List price: $72.95
Publisher: Cambridge University Press
Publication date: 3/23/2009
Binding: Paperback
Pages: 268
Size: 6.00" wide x 9.00" long x 0.75" tall
Weight: 0.836
Language: English

Victor C. Shih is a political economist specializing in China at Northwestern University. Born in Hong Kong, Professor Shih immigrated to the United States at the age of 12. He attended the George Washington University on a University Presidential Fellowship and graduated summa cum laude in East Asian Studies with a minor in Economics. He went on to complete his M.A. and Ph.D. in Government at Harvard University. He is the author of numerous articles appearing in academic and business journals, including The China Quarterly and The Far Eastern Economic Review, and advises the private sector on the banking industry in China. His current research concerns the political economy of fiscal transfers in China and Chinese policies toward ethnic minorities.

Introduction
China's financial performance in comparative perspective
The banking system: flexible institutions and party domination
Factional politics and its financial implications
Factional politics, distribution of loans, and inflationary cycles: several quantitative tests
The collapse of discipline: the first two inflationary cycles and the fiscalization of Chinese banks
The height of the politics of inflation, 1986ndash;1996
The long cycle: 1998ndash;2006
Concluding discussion

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