Finance and Society in 21st Century China

Chinese Culture versus Western Markets

Junie T Tong author

Format:Hardback

Publisher:Taylor & Francis Ltd

Published:28th Jul '11

Currently unavailable, and unfortunately no date known when it will be back

Finance and Society in 21st Century China cover

In this revealing book Junie Tong reflects on the role of banking and finance in China. The author adopts a critical perspective that views the societal as well as economic functioning of banking and finance. Finance and Society in 21st Century China considers how far the modern economy is disconnected from Chinese culture and history and the problems this separation may cause. She questions the common assumption that China has outgrown its reliance on its Western counterparts. The author believes that the country is still very much dependent on exports and foreign investments and any radical or rapid reduction in either would have serious adverse consequences for China's sustainable economic growth. To provide a model for 'finance and society' that integrates culture and economy, Tong draws on the seminal work of Belgian economist, banker and social commentator, Bernard Lietaer, who has focused on cultural forces and the future of money in the world, generally. Using representative case studies for illustration, Tong applies Lietaer's work in a specifically Chinese context, highlighting the need to root finance and enterprise in the rhythms and forces within Chinese culture to avoid future chaos and achieve socio-economic stability in a country now so critical to global well-being.

'Compelling and Concise....a must read for economists and social scientists alike to understand China’s financial issues and its new place in the world.' - Tim Werkhoven, Business Manager, European Union Chamber of Commerce in China 'Dr Junie Tong's brilliant and timely argument for the model of Finance-in-Society is highly persuasive.' - Professor Kensei Hiwaki, Professor, International Economics,Tokyo International University

ISBN: 9781409401292

Dimensions: unknown

Weight: 657g

240 pages