Roland Banking Sector Liberalization in India

Evaluation of Reforms and Comparative Perspectives on China
1. Auflage 2007
ISBN: 978-3-7908-1982-3
Verlag: Physica-Verlag
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 299 Seiten

This fascinating and timely work explores in detail the changes in the Indian banking sector over the last 20 years, and puts them into a comparative perspective with the Chinese banking sector. For this purpose, the author develops a detailed indicator-based framework for assessing the liberalization of a banking sector along various process steps based on financial liberalization and transformation studies. The key finding is that while liberalization has improved the sectoral performance, it has so far had no effect on the macro level.

Autoren/Hrsg.

Roland, Christian

Inhaltsverzeichnis

1;Foreword;6
2;Preface;9
3;Table of contents;11
4;Abbreviations;14
5;1 Introduction;15
5.1;1.1 Original problem and objectives;15
5.2;1.2 Methodology;20
5.3;1.3 Categorization of topic;22
5.4;1.4 Definition of key terms;23
5.5;1.5 Structure of the thesis;27
6;2 The Indian banking sector;30
6.1;2.1 Development of the Indian banking sector;30
6.2;2.2 Current structure of the banking system;50
6.3;2.3 Political, economic and institutional environment of the banking sector;55
6.4;2.4 Conclusion;61
7;3 The Chinese banking sector;63
7.1;3.1 Development and structure of the banking sector;63
7.2;3.2 Major reform areas and status of the sector;70
7.3;3.3 Similarities and differences to the Indian banking sector;76
7.4;3.4 Conclusion;79
8;4 Banking sector functions and coordination;81
8.1;4.1 Functions of the banking sector;81
8.2;4.2 State involvement in the banking sector;86
8.3;4.3 The financial liberalization hypothesis;96
8.4;4.4 Evaluation of financial liberalization;100
8.5;4.5 Conclusion;113
9;5 Management of transformation processes;114
9.1;5.1 Classification of transformatory changes and applicability to India;114
9.2;5.2 Initial policy recommendations for transition countries;120
9.3;5.3 Elements of transformation processes;122
9.4;5.4 Management of transition processes;135
9.5;5.5 Differences in transformation processes in India and China;140
9.6;5.6 Conclusion;145
10;6 Framework for banking sector liberalization;148
10.1;6.1 Overview and special considerations;148
10.2;6.2 Transformation of the banking sector;151
10.3;6.3 Measurement of process and results of banking sector liberalization;170
10.4;6.4 Macroeconomic effects of banking sector liberalization;191
10.5;6.5 Conclusion;194
11;7 Evaluation of banking sector liberalization in India and China;196
11.1;7.1 Qualitative evaluation;196
11.2;7.2 Quantitative evaluation;206
11.3;7.3 Conclusion;251
12;8 Policy recommendations and implications of research findings;253
12.1;8.1 Summary of goals and results;253
12.2;8.2 Policy recommendations;258
12.3;8.3 Limitations of research approach;263
12.4;8.4 Perspectives for future research;264
13;Appendix;267
14;References;285