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The Properties Of The Shadow Banking In China

Journal Name:

  • Fiscaoeconomia

Publication Year:

  • 2017

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Keywords (Original Language):

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Abstract (2. Language): 
The aim of this study is to define the properties of the shadow banking system in China. The shadow banking system has been paid attention since the subprime crisis because the spread of this finance form over the all around world was one of the most significant causes of the subprime crisis. The shadow banking is nourished from the Chinese state capitalism which is designed to allocate loans to important industries so SME are dependent on the shadow banking. Since excessively increase in leverage through financial engineering and purpose-made state capitalism create irresistible burden on financial market, the shadow banking system is by far the important factors in order to build stable financial market. While considering these issues, it was understood that the shadow banking system is significant issue in order to build strong financial efficiency and stability.
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Abstract (Original Language): 
Bu çalışmanın amacı, Çin'deki gölge bankacılık sisteminin özelliklerini tanımlamaktır. Gölge bankacılık sistemine, subprime krizinden beri dikkat çekilmektedir. Çünkü bu finans formunun tüm dünyaya yayılması subprime krizinin en önemli nedenlerinden biridir. Gölge bankacılığı, önemli sanayilere kredi tahsis etmek üzere tasarlanan Çin devlet kapitalizminden beslenmektedir. Bu nedenle KOBİ’ler gölge bankacılığına bağımlıdır. Finansal mühendislik ve özel bir amaçla yapılan devlet kapitalizmi yoluyla kaldıracın aşırı derecede artması, finansal piyasaya dayanılmaz bir yük oluşturduğundan, gölge bankacılık sistemi istikrarlı bir finansal piyasa oluşturmak için önemli faktörlerden biri haline gelmiştir. Bu noktalar göz önüne alındığında gölge bankacılığı sisteminin güçlü finansal verimlilik ve istikrar sağlama konusunda dikkate değer olduğu anlaşılmaktadır.
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REFERENCES

References: 

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