: Christian Roland
: Banking Sector Liberalization in India Evaluation of Reforms and Comparative Perspectives on China
: Physica-Verlag
: 9783790819823
: 1
: CHF 85.30
:
: Volkswirtschaft
: English
: 299
: Wasserzeichen/DRM
: PC/MAC/eReader/Tablet
: PDF

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.

Foreword6
Preface9
Table of contents11
Abbreviations14
1 Introduction15
1.1 Original problem and objectives15
1.2 Methodology20
1.3 Categorization of topic22
1.4 Definition of key terms23
1.5 Structure of the thesis27
2 The Indian banking sector30
2.1 Development of the Indian banking sector30
2.2 Current structure of the banking system50
2.3 Political, economic and institutional environment of the banking sector55
2.4 Conclusion61
3 The Chinese banking sector63
3.1 Development and structure of the banking sector63
3.2 Major reform areas and status of the sector70
3.3 Similarities and differences to the Indian banking sector76
3.4 Conclusion79
4 Banking sector functions and coordination81
4.1 Functions of the banking sector81
4.2 State involvement in the banking sector86
4.3 The financial liberalization hypothesis96
4.4 Evaluation of financial liberalization100
4.5 Conclusion113
5 Management of transformation processes114
5.1 Classification of transformatory changes and applicability to India114
5.2 Initial policy recommendations for transition countries120
5.3 Elements of transformation processes122
5.4 Management of transition processes135
5.5 Differences in transformation processes in India and China140
5.6 Conclusion145
6 Framework for banking sector liberalization148
6.1 Overview and special considerations148
6.2 Transformation of the banking sector151
6.3 Measurement of process and results of banking sector liberalization170
6.4 Macroeconomic effects of banking sector liberalization191
6.5 Conclusion194
7 Evaluation of banking sector liberalization in India and China196
7.1 Qualitative evaluation196
7.2 Quantitative evaluation206
7.3 Conclusion251
8 Policy recommendations and implications of research findings253
8.1 Summary of goals and results253
8.2 Policy recommendations258
8.3 Limitations of research approach263
8.4 Perspectives for future research264
Appendix267
References285