主题:Assessing China’s Debt
Overhang: Risks and Policy Responses(评估中国的债务负担:风险和政策反应)
主讲人:Ronald W. Anderson, 伦敦政经德州扑克大小
金融学教授
日期:2018年4月4日(周三)
时间:上午10:00 - 11:30
地点:德州扑克大小
金融德州扑克大小
4号楼101教室
语言:英文
摘要:
China has taken significant steps in
opening its domestic debt markets to foreign investors in recent years and given
the size and importance of the Chinese economy, there is a natural interest in
understanding the opportunities that these changes bring. However,
international observers of Chinese markets are quick to identify a number of
worrying signs that mean that foreign inflows into these markets will likely be
slow to take off. In this work, we assess the economic and institutional
factors that have driven the growth of debt in China. We ask whether there is a
clear strategy for managing the risk that such debt levels pose and assess the likelihood
that policy actions will prove successful.
主讲人简介:
Ron Anderson is a
Professor of Finance at the London School of Economics and a member of the
Financial Markets Group at LSE. He is a fellow at the CEPR in the financial
economics program and a principal investigator in the Systemic Risk Centre an
ESRC research Centre. He has broad interests in the field of financial
economics. In recent years, much of his theoretical work has centered upon
dynamic corporate finance. Ron also
has an active interest in financial institutions. In this field, he carried out
a study of finance in ex-communist countries. More recently, he has a project
underway on Chinese debt capital market with a particular focus on the relation
of credit risk to enterprise reform and local public finance.
Ron
has undertaken consultancy and research projects in Corporate Finance;
Corporate Governance; Credit Risk; Risk Management. His recent executive
teaching has been in the areas of risk management and corporate governance. He
has been involved in expert testimony on a variety of capital markets cases. He
is fluent in French.