LEADER 04661nam 22006135 450 001 9910392752303321 005 20230516133231.0 010 $a3-030-30118-4 024 7 $a10.1007/978-3-030-30118-7 035 $a(CKB)4100000009845230 035 $a(MiAaPQ)EBC5979076 035 $a(DE-He213)978-3-030-30118-7 035 $a(EXLCZ)994100000009845230 100 $a20191114d2019 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 14$aThe Financial Implications of China?s Belt and Road Initiative $eA Route to More Sustainable Economic Growth /$fby Piotr ?asak, René W.H. van der Linden 205 $a1st ed. 2019. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Pivot,$d2019. 215 $a1 online resource (xv, 189 pages) $cillustrations 311 $a3-030-30117-6 320 $aIncludes bibliographical references and index. 327 $aChapter 1. Introduction -- Chapter 2. China?s four decades of reforms and development -- Chapter 3. China?s new style of globalization as a route to a more sustainable growth path -- Chapter 4. The Rationale for the ?Belt and Road? initiative -- Chapter 5. China?s financial deepening and its ?Belt and Road? funding dilemma in a global context -- Chapter 6. Concluding Remarks and Recommendations -- Bibliography. 330 $aThis book systematically discusses the contribution of the Belt and Road Initiative (BRI) to China?s transition from an emerging to an advanced economic and financial system after more than five years. From a historical perspective, it explains to what extent the BRI plan is effective enough to help China bounce back from its economic slowdown and the financial implications in a policy trilemma context. Further, it investigates both the rationale of the BRI and its pitfalls, focusing on the various options for financing the project based on the Mundell & Fleming model. The book also analyses the impact of the BRI as well as possible policy options to deal with China?s policy trilemma in a structurally more balanced ?new normal? economic growth model. Lastly, it reviews the financial stability issues concerning liberalization policies in China. Piotr ?asak, PhD. received his MA in Economics from the Krakow University of Economics, Poland and his PhD in Finance from Jagiellonian University, Poland, where he is currently an Assistant Professor at the Institute of Economics, Finance and Management. His research focuses on topics related to international financial market development, including financial market regulation and supervision, mechanisms of financial and currency crises and shadow banking system development (especially in China). He has published several dozen articles related to these abovementioned topics. René van der Linden received his MSc in 1987 from the Economics Faculty at the University of Amsterdam and is currently a senior lecturer in Economics and Finance in the International Business program at The Hague University of Applied Sciences, Netherlands. His research interests, with practical applications in education, focus on topics in the field of international financial markets, transition economies and emerging markets, banking and finance, international trade economics and doing business in Asia and the EU. He has published several papers on the Chinese economy and financial system and is co-author of the textbook European Business Environment. 606 $aInternational finance 606 $aEconomic development 606 $aEconomics 606 $aInternational economic relations 606 $aInternational Finance 606 $aDevelopment Studies 606 $aPolitical Economy and Economic Systems 606 $aInternational Political Economy? 615 0$aInternational finance. 615 0$aEconomic development. 615 0$aEconomics. 615 0$aInternational economic relations. 615 14$aInternational Finance. 615 24$aDevelopment Studies. 615 24$aPolitical Economy and Economic Systems. 615 24$aInternational Political Economy?. 676 $a330.951 676 $a330.951 700 $a?asak$b Piotr$4aut$4http://id.loc.gov/vocabulary/relators/aut$0999605 702 $avan der Linden$b René W.H$4aut$4http://id.loc.gov/vocabulary/relators/aut 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910392752303321 996 $aThe Financial Implications of China?s Belt and Road Initiative$92294587 997 $aUNINA