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长期风险与金融新秩序.rar

Financial ModernizationFundamental role of financial institutions
Manage risks
Maintain incentives
Effective financial institutions are found in all successful economies
Institutions must continually be adapted to take account of changing nature of risks, new technology
China’s Spectacular Modernization Since 1990
China’s Uncertainties
Economic Inequality
Important Reasons for Growing Chinese Inequality
Winner-Take-All Effect of Information Technology
Prominent Financial Issues under Discussion in China
Other Ideas for Financial Innovation
A More Effectively Progressive Income Tax System and Earned Income Tax Credit
Inequality Insurance
Move towards Electronic Money