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Published in 2018 at "Journal of Monetary Economics"
DOI: 10.1016/j.jmoneco.2020.08.003
Abstract: China maintains tight controls over its capital account. Its prevailing regime also features financial repression, under which banks are often required to extend a fraction of funds to state-owned enterprises (SOEs) at below-market interest rates.…
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Keywords:
capital account;
china;
capital;
account liberalization ... See more keywords
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Published in 2018 at "International Interactions"
DOI: 10.1080/03050629.2017.1311330
Abstract: ABSTRACT This article revisits the question of whether capital account liberalization improves access to credit by advancing and testing a theory of how the structure of the financial sector shapes the willingness and ability of…
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Keywords:
capital account;
sector;
account liberalization;
financial sector ... See more keywords