资源描述:
《A tale of two financial systems A comparison of China and India.pdf》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
1、McKinseyGlobalInstituteATaleofTwoFinancialSystems:AComparisonofChinaandIndiaSeptember2006DianaFarrellSusanLundATaleofTwoFinancialSystems:AComparisonofChinaandIndiaDianaFarrellSusanLundMcKinseyGlobalInstituteSeptember2006ThisperspectiveiscopyrightedbyMcKinsey&Company,I
2、nc.;nopartofitmaybecirculated,quoted,orreproducedfordistributionwithoutpriorwrittenapprovalfromMcKinsey&Company,Inc.3McKinseyGlobalInstituteTheMcKinseyGlobalInstitute(MGI)wasestablishedin1990asanindependentthinktankwithinMcKinsey&Company,Inc.,toconductoriginalresearch
3、andreachabetterunderstandingoftheworkingsoftheglobaleconomy.MGIsstaffmembersaredrawnprimarilyfromMcKinseysconsultants.Theyserve6-to12-monthassignmentsandthenreturntoclientwork.MGIalsocommissionsleadingacademicstoparticipateinitsresearch.TheMcKinseyGlobalInstituteisbas
4、edinSanFranciscoandhasapresenceinWashington,DC,NewYork,London,andShanghai.MGIresearchfellowsarebasedaroundtheworldasneededforindividualresearchprojects.Preface4Thisperspectiveisbasedontworecentreports,PuttingChina’sCapitaltoWork:TheValueofFinancialSystemReformandAccel
5、eratingIndia’sGrowththroughFinancialSystemReform.Thatresearch,inturn,wastheresultoftwosix-monthresearchprojectsonChinasandIndiasfinancialsystems,incollaborationwithMcKinseyofficesinthosecountriesandfinancialinstitutionsexpertsglobally.ThisresearchbuildsonMGIspreviouswork
6、onglobalcapitalmarketsandonourproprietarydatabaseofthefinancialassetsofmorethan100countriesaroundtheworld,anditdrawsontheuniqueperspectivesofourcolleagueswhohaveworkedextensivelywithfinancialinstitutionsinChina,India,andaroundtheworld.SusanLund,aseniorfellowattheMGIbase
7、dinWashington,DC,workedcloselywithmetoprovideleadershiponthisproject.TheprojectteamincludedMGIfellowsEzraGreenbergandFabriceMorin,andMGIseniorconsultantJaesonRosenfeld.NiyatiGupta,RajDoshi,NishithJardosh,andTimBeacomalsocontributedtotheresearch.Wehavebenefitedenormousl
8、yfromtheextensiveandthoughtfulinputreceivedfromourAcademicAdvisoryBoardmembers.OurboardincludedMartinBaily,senioradvisertoMG