Factions and Finance in China : Elite Conflict and Inflation (Hardcover)

1. Introduction; 2. China's financial performance in comparative perspective; 3. The banking system: flexible institutions and party domination; 4. Factional politics and its financial implications; 5. Factional politics, distribution of loans, and inflationary cycles: several quantitative tests; 6. The collapse of discipline: the first two inflationary cycles and the fiscalization of Chinese banks; 7. The height of the politics of inflation, 1986?1996; 8. The long cycle: 1998?2006; 9. Concluding discussion.