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The Properties Of The Shadow Banking In China

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  • Zafer ADALI

Abstract

The aim of this study is to define the properties of the shadow banking system in China. The shadow banking system has been paid attention since the subprime crisis because the spread of this finance form over the all around world was one of the most significant causes of the subprime crisis. The shadow banking is nourished from the Chinese state capitalism which is designed to allocate loans to important industries so SME are dependent on the shadow banking. Since excessively increase in leverage through financial engineering and purpose-made state capitalism create irresistible burden on financial market, the shadow banking system is by far the important factors in order to build stable financial market. While considering these issues, it was understood that the shadow banking system is significant issue in order to build strong financial efficiency and stability.

Suggested Citation

  • Zafer ADALI, 2017. "The Properties Of The Shadow Banking In China," Fiscaoeconomia, Tubitak Ulakbim JournalPark (Dergipark), issue 1.
    • Handle: RePEc:fis:journl:170103
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    References listed on IDEAS

    as
    1. Brehm Stefan, 2008. "Risk Management in China's State Banks - International Best Practice and the Political Economy of Regulation," Business and Politics, De Gruyter, vol. 10(1), pages 1-31, May.
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    3. Brehm, Stefan, 2008. "Risk Management in China's State Banks - International Best Practice and the Political Economy of Regulation," Business and Politics, Cambridge University Press, vol. 10(1), pages 1-29, April.
    4. Stijn Claessens & M. Ayhan Kose & Marco E. Terrones, 2011. "Financial Cycles: What? How? When?," NBER International Seminar on Macroeconomics, University of Chicago Press, vol. 7(1), pages 303-344.
    5. Pol, Eduardo, 2012. "The preponderant causes of the USA banking crisis 2007–08," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 41(5), pages 519-528.
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    More about this item

    Keywords

    The Shadow Banking; The State Capitalism; The Informal Finance;
    All these keywords.

    JEL classification:

    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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