Financialization and China’s Development
Monday 4:30-6:15pm (Lecture)
Wednesday 11:30am-12:15pm (Tutorial)
This course examines the political economy of China’s transition and development from the perspective of financialization. It situates China’s case in the broader context and debates on the role of financialization in reshaping the contemporary socio-economic governance and the relations between the financial sector and real sector economy. It will cover topics including the logics of financialization, financial repression and financial liberalization, China’s financial governance, industrial policy and financialization, corporate governance, commercial banking and shadow banking, development finance, capital market, public investment, law and finance, risk management, financial innovation and regulation as well as RMB internationalization.
Detailed Course Outline is available on Blackboard.
Week 1: Introduction: The logics of financialization
Week 2: Financial repression and financial liberalization
Week 3: Financial governance
Week 4: Industrial policy and financialization
Week 5: Corporate governance, reforms and financialization
Week 6: Commercial banking and shadow banking
Week 7: Development finance
Week 8: Capital market
Week 9: Public investment
Week 10: Law and finance
Week 11: Risk management, innovation and regulation
Week 12: RMB Internationalization
Week 13: Essay Test
Assessment & Assignments
Reading Presentation (30%)
Essay Test (20%)
Term Paper (30%)
Honesty in Academic Work
Attention is drawn to University policy and regulations on honesty in academic work, and to the disciplinary guidelines and procedures applicable to breaches of such policy and regulations. Details may be found at http://www.cuhk.edu.hk/policy/academichonesty/.
With each assignment, students will be required to submit a signed declaration that they are aware of these policies, regulations, guidelines and procedures.
- In the case of group projects, all members of the group should be asked to sign the declaration, each of whom is responsible and liable to disciplinary actions, irrespective of whether he/she has signed the declaration and whether he/she has contributed, directly or indirectly, to the problematic contents.
- For assignments in the form of a computer-generated document that is principally text-based and submitted via VeriGuide, the statement, in the form of a receipt, will be issued by the system upon students’ uploading of the soft copy of the assignment.
Assignments without the properly signed declaration will not be graded by teachers.
Only the final version of the assignment should be submitted via VeriGuide.
The submission of a piece of work, or a part of a piece of work, for more than one purpose (e.g. to satisfy the requirements in two different courses) without declaration to this effect shall be regarded as having committed undeclared multiple submissions. It is common and acceptable to reuse a turn of phrase or a sentence or two from one’s own work; but wholesale reuse is problematic. In any case, agreement from the course teacher(s) concerned should be obtained prior to the submission of the piece of work.