From Periphery to Central: the Politics of China's Central Banking Reform and the Building of a Financial Infrastructure in an Age of Transition (2007–2009)
The growing authority the Chinese central bank has gained in the process of economic reforms since 1979 is crucial to understand China's efforts to build a sound financial infrastructure in an age of transition. This project innovatively integrates theories of central bank authority and post-communist transition into an overall institutionalist framework. It also provides the first empirical study of the institutional dynamics of China's central banking reform and its role in China's monetary policy and banking reform, and the changing relationship between the party-state and the central bank in a context of transition. This sheds lights on the current debates in relation to the transition and globalisation literature.