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The Development of China's Stockmarket, 1984-2002: Equity Politics and Market Institutions Book

The Development of China's Stockmarket, 1984-2002: Equity Politics and Market Institutions
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The Development of China's Stockmarket, 1984-2002: Equity Politics and Market Institutions, , The Development of China's Stockmarket, 1984-2002: Equity Politics and Market Institutions
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Digital Copy
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  • The Development of China's Stockmarket, 1984-2002: Equity Politics and Market Institutions
  • Written by author Stephen Green
  • Published by Taylor & Francis, Inc., January 2004
  • A close look at the policy-making and regulatory institutions the Chinese government has created to manage equity development since 1984 and how public actors have controlled institutional development.
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Authors

List of illustrations
Acknowledgements
List of abbreviations
Introduction1
Pt. IExplaining institutional change5
1Stock market regulation and institutional change in reform China7
2Investors, bureaucrats and the institutions of the Chinese state26
Pt. IILocal institutional capture49
3Nascent equity markets and local institution building, 1984-9051
4Institutional capture by local leaders: share issuance and other problems, 1993-9769
5Equity developmentalism unbound: the capture of secondary market institutions in Shenzhen and Shanghai, 1995-9782
6The Shanghai and Shenzhen stock exchanges: from local control to 'sons of the CSRC', 1990-2002103
7Local institution making and the securities trading centres, 1984-98118
Pt. IIICentral institutional capture135
8Institutional creation and development: the China Securities Regulatory Commission, 1992-98137
9Incoherence at the centre: the State Council Securities Commission and CSRC-PBoC relations 1992-98157
10Drafting the Securities Law: the role of the National People's Congress in creating institutions, 1992-98172
Pt. IVConclusions191
11Socialist market regulation193
12China's stock market and the changing policy priorities of the State Council208
13Equity politics and market institutions225
App.: Interview details235
Notes237
References269
Index281


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