Title

Creating Financial Harmony: Lessons for China 

James A. Dorn

Creating Financial Harmony: Lessons for China 

The current turmoil in global financial markets, which began with the American subprime crisis in 2007, has put market liberalism in a bad light. But it was the socialization of risk—not private free markets—that precipitated the crisis. This article addresses how to structure institutions and...
Topics: 
Economy
Keywords: 
Credit, Finance, Economy