Includes bibliographical references (pages 177-201) and index.
Contents
Preface; Acknowledgements; Introduction -- Reluctant Regulators; 1: Global Crisis -- Why Regulators Trust Financial Markets; 2: Fatal Decisions -- Washington and London's Deliberate Mistakes; 3: China -- Reforms vs Regulation; 4: China's Painful Decisions -- Politics in Command; 5: Hong Kong -- From Scandals to Stability; Conclusions -- Resisting Reforms; Notes; Bibliography; Index.
Summary
This book is a scathing indictment of regulatory inertia in the West. It provides important and original insights into the causes of financial crises and pays special attention to China's attempts at reform and Hong Kong's place in China's financial modernisation.
Local Note
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