The digital financial revolution in China [electronic resource]

상세정보

자료유형	단행본
서명/저자사항	The digital financial revolution in China [electronic resource] / edited by David Dollar, Yiping Huang.
개인저자	Dollar, David, editor. Huang, Yiping, 1964- editor.
발행사항	Washington, D.C.: Brookings Institution Press, [2022]
형태사항	1 online resource
ISBN	9780815739562 0815739567
내용주기	Intro -- Title Page -- Copyright -- Contents -- Acknowledgments -- 1. Understanding China's Digital Financial Innovation and Regulation -- 2. Quantifying Digital Financial Inclusion in China -- 3. China's Payment Reform and Its Implications for Other Countries -- 4. Digital Financial Infrastructure in China -- 5. The Rise and Fall of the Peer-to-Peer Lending Industry -- 6. Digital Lending in China: A Tale of Three Models -- 7. Robo-advisors and the Digitization of Wealth Management in China -- 8. The Digitization of Commercial Banks -- 9. The Digital Divide and the Trickle-Down Effect 10. China's Central Bank Digital Currency: Facts and Future Directions -- 11. The Implications of Digital Technology for Financial Regulation -- 12. The Implications of New Financial Technologies for the International Monetary System -- 13. International Cooperation in and Regulation of Fintech Development -- Contributors -- Index
요약	"Describing how China is in the lead in transforming finance for the digital ageChina has been at the forefront of one of the most important revolutions in contemporary business practices: the rapid growth of digital finance. From mobile payments to online investment, from Big Tech lending to digital insurance, and from open banking to central bank digital currency, China has been among the most advanced₇sometimes the most advanced₇of the major economies in adopting technologies that are changing both the financial system and the lives of millions of people.China has been especially far-sighted in promoting financial inclusion₇offering financial services for the first time to people regardless of their location, job status, or income.This book is the product of a joint research project between economists at the National School of Development, especially the affiliated Institute of Digital Finance, at Peking University and at the Brookings Institution. It investigates the impact of financial technology on job creation, income distribution, and consumer welfare in China. It also examines larger systemic issues such as monetary policy, stability of the banking sector, and international trade and payments.With a primary focus on the development of digital finance in China, most of the contributions are from Chinese economists. But the volume also considers implications for the rest of the world in several chapters written by international economists from Brookings.The depth and breadth of the descriptions and analysis in this ground-breaking book will appeal to scholars of China, finance professionals, and policymakers around the globe."--
해제	Provided by publisher
주제명(지명)	China --Economic conditions. China --Economic policy.
일반주제명	Financial services industry --China.
분류기호(DDC)	332.1
언어	영어
바로가기