The Basic Situation and Analysis of Shadow Banking in China and Foreign Countries

Zhang Hao

doi:doi:10.11648/j.ijefm.20150305.39

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The Basic Situation and Analysis of Shadow Banking in China and Foreign Countries

Zhang Hao

Published in International Journal of Economics, Finance and Management Sciences (Volume 3, Issue 5)

Received: 18 November 2015 Published: 18 November 2015

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Abstract

Shadow banking was first put forward by Mc Cully, the executive director of Pacific Investment Management Company, in the Fed's annual meeting in 2007, which he defines shadow banking as a kind of financial entities that divorced from the traditional banking system, almost unregulated or less regulated. Since then, the concept of shadow banking spread rapidly worldwide, and has been widely cited and elucidated. At the same time, shadow banking has become an increasingly important objective existence in China. Although the scale of shadow banking is still far smaller than the traditional system, but the development of shadow banking in China is fast, and the social influence is widespread. Therefore, on the basis of studying the history and current situation of the shadow banking around the world, this paper analyzes the Chinese shadow banking system.

Published in	International Journal of Economics, Finance and Management Sciences (Volume 3, Issue 5)
DOI	10.11648/j.ijefm.20150305.39
Page(s)	635-640
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2015. Published by Science Publishing Group

Keywords

Shadow Banking, Interest Rate Marketization, Currency Liquidity

References

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[3]	刘文雯，高平.“影子银行体系”的崩塌对中国信托业发展的启示[J].上海金融，2010(7):55一59。
[4]	陈华，刘宁.影子银行助推金融危机的形成机理及前瞻性思考[J].新会计，2010(11):41一44。
[5]	罗志华，李耀深，胡蓉.银信合作:制度约束下的金融创新[J].西南金融，2007，4:37一38。
[6]	文维虎，陈荣.重视影子银行动向，避免风险隐患显现[J].西南金融，2010(2):19一21。
[7]	辛乔利.影子银行—揭秘一个鲜为人知的金融黑洞[M].北京:中国经济出版社，2010。
[8]	Financial Crisis Inquiry Commission. Shadow banking and the financial crisis[M]. Financial Crisis Inquiry Commission, 2010,5.
[9]	Gary Gorton, Andrew Metrick. Securitized banking and the run on repo[J]. Journal of Financial Economics . 2011 (3).
[10]	Luca Dedola, Peter Karadi, Giovanni Lombardo. Global implications of national unconventional policies[J]. Journal of Monetary Economics. 2013 (1).
[11]	NICOLA GENNAIOLI, ANDREI SHLEIFER, ROBERT W. VISHNY. A Model of Shadow Banking[J]. The Journal of Finance . 2013 (4).

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APA Style

Zhang Hao. (2015). The Basic Situation and Analysis of Shadow Banking in China and Foreign Countries. International Journal of Economics, Finance and Management Sciences, 3(5), 635-640. https://doi.org/10.11648/j.ijefm.20150305.39

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ACS Style

Zhang Hao. The Basic Situation and Analysis of Shadow Banking in China and Foreign Countries. Int. J. Econ. Finance Manag. Sci. 2015, 3(5), 635-640. doi: 10.11648/j.ijefm.20150305.39

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AMA Style

Zhang Hao. The Basic Situation and Analysis of Shadow Banking in China and Foreign Countries. Int J Econ Finance Manag Sci. 2015;3(5):635-640. doi: 10.11648/j.ijefm.20150305.39

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@article{10.11648/j.ijefm.20150305.39,
  author = {Zhang Hao},
  title = {The Basic Situation and Analysis of Shadow Banking in China and Foreign Countries},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {3},
  number = {5},
  pages = {635-640},
  doi = {10.11648/j.ijefm.20150305.39},
  url = {https://doi.org/10.11648/j.ijefm.20150305.39},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20150305.39},
  abstract = {Shadow banking was first put forward by Mc Cully, the executive director of Pacific Investment Management Company, in the Fed's annual meeting in 2007, which he defines shadow banking as a kind of financial entities that divorced from the traditional banking system, almost unregulated or less regulated. Since then, the concept of shadow banking spread rapidly worldwide, and has been widely cited and elucidated. At the same time, shadow banking has become an increasingly important objective existence in China. Although the scale of shadow banking is still far smaller than the traditional system, but the development of shadow banking in China is fast, and the social influence is widespread. Therefore, on the basis of studying the history and current situation of the shadow banking around the world, this paper analyzes the Chinese shadow banking system.},
 year = {2015}
}

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TY  - JOUR
T1  - The Basic Situation and Analysis of Shadow Banking in China and Foreign Countries
AU  - Zhang Hao
Y1  - 2015/11/18
PY  - 2015
N1  - https://doi.org/10.11648/j.ijefm.20150305.39
DO  - 10.11648/j.ijefm.20150305.39
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 635
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PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20150305.39
AB  - Shadow banking was first put forward by Mc Cully, the executive director of Pacific Investment Management Company, in the Fed's annual meeting in 2007, which he defines shadow banking as a kind of financial entities that divorced from the traditional banking system, almost unregulated or less regulated. Since then, the concept of shadow banking spread rapidly worldwide, and has been widely cited and elucidated. At the same time, shadow banking has become an increasingly important objective existence in China. Although the scale of shadow banking is still far smaller than the traditional system, but the development of shadow banking in China is fast, and the social influence is widespread. Therefore, on the basis of studying the history and current situation of the shadow banking around the world, this paper analyzes the Chinese shadow banking system.
VL  - 3
IS  - 5
ER  -

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Author Information

Zhang Hao

Economics School, Shanghai University, Shanghai, China

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APA Style

Zhang Hao. (2015). The Basic Situation and Analysis of Shadow Banking in China and Foreign Countries. International Journal of Economics, Finance and Management Sciences, 3(5), 635-640. https://doi.org/10.11648/j.ijefm.20150305.39

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ACS Style

Zhang Hao. The Basic Situation and Analysis of Shadow Banking in China and Foreign Countries. Int. J. Econ. Finance Manag. Sci. 2015, 3(5), 635-640. doi: 10.11648/j.ijefm.20150305.39

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AMA Style

Zhang Hao. The Basic Situation and Analysis of Shadow Banking in China and Foreign Countries. Int J Econ Finance Manag Sci. 2015;3(5):635-640. doi: 10.11648/j.ijefm.20150305.39

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@article{10.11648/j.ijefm.20150305.39,
  author = {Zhang Hao},
  title = {The Basic Situation and Analysis of Shadow Banking in China and Foreign Countries},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {3},
  number = {5},
  pages = {635-640},
  doi = {10.11648/j.ijefm.20150305.39},
  url = {https://doi.org/10.11648/j.ijefm.20150305.39},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20150305.39},
  abstract = {Shadow banking was first put forward by Mc Cully, the executive director of Pacific Investment Management Company, in the Fed's annual meeting in 2007, which he defines shadow banking as a kind of financial entities that divorced from the traditional banking system, almost unregulated or less regulated. Since then, the concept of shadow banking spread rapidly worldwide, and has been widely cited and elucidated. At the same time, shadow banking has become an increasingly important objective existence in China. Although the scale of shadow banking is still far smaller than the traditional system, but the development of shadow banking in China is fast, and the social influence is widespread. Therefore, on the basis of studying the history and current situation of the shadow banking around the world, this paper analyzes the Chinese shadow banking system.},
 year = {2015}
}

Copy | Download

TY  - JOUR
T1  - The Basic Situation and Analysis of Shadow Banking in China and Foreign Countries
AU  - Zhang Hao
Y1  - 2015/11/18
PY  - 2015
N1  - https://doi.org/10.11648/j.ijefm.20150305.39
DO  - 10.11648/j.ijefm.20150305.39
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 635
EP  - 640
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20150305.39
AB  - Shadow banking was first put forward by Mc Cully, the executive director of Pacific Investment Management Company, in the Fed's annual meeting in 2007, which he defines shadow banking as a kind of financial entities that divorced from the traditional banking system, almost unregulated or less regulated. Since then, the concept of shadow banking spread rapidly worldwide, and has been widely cited and elucidated. At the same time, shadow banking has become an increasingly important objective existence in China. Although the scale of shadow banking is still far smaller than the traditional system, but the development of shadow banking in China is fast, and the social influence is widespread. Therefore, on the basis of studying the history and current situation of the shadow banking around the world, this paper analyzes the Chinese shadow banking system.
VL  - 3
IS  - 5
ER  -

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