Government Behavior in the Development of Inclusive Finance in China from the Perspective of Historical Institutionalism: Regulation or Boost?- based on international case comparison
- DOI
- 10.2991/isemss-19.2019.43How to use a DOI?
- Keywords
- Inclusive finance; Historical institutionalism; Government behavior;
- Abstract
In recent years, the inclusive financial industry has become a key development industry of China. The central bank and government departments continuously increased its importance through policy support and achieved China's inclusive finance steady development. As with all economic propositions, it is often controversial that the government's policy behavior in the financial market, especially against the backdrop of creating a more inclusive industry, tends to be either forced intervention or flexible management. However, it is noteworthy that the content of inclusive financial policy is dynamic. Though its standard dimension does not fulfil the final need to advance development of inclusive finance, we may forecast the future trend of China’s inclusive finance initiatives by comparing the focuses and characteristics of policies in different countries under the global wave of inclusive finance activities.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Yang Wang PY - 2019/09 DA - 2019/09 TI - Government Behavior in the Development of Inclusive Finance in China from the Perspective of Historical Institutionalism: Regulation or Boost?- based on international case comparison BT - Proceedings of the 2019 3rd International Seminar on Education, Management and Social Sciences (ISEMSS 2019) PB - Atlantis Press SP - 223 EP - 228 SN - 2352-5398 UR - https://doi.org/10.2991/isemss-19.2019.43 DO - 10.2991/isemss-19.2019.43 ID - Wang2019/09 ER -