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Rights statement: This is an Accepted Manuscript of an article published by Taylor & Francis in The European Journal of Finance REJF on 26th August 2018, available online: http://wwww.tandfonline.com/10.1080/1351847X.2018.1496571
Accepted author manuscript, 637 KB, PDF document
Original language | English |
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Pages (from-to) | 1369-1374 |
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Journal | The European Journal of Finance |
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Volume | 24 |
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Issue number | 16 |
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Early online date | 26 Aug 2018 |
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DOIs | |
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Publication status | Published - 2 Nov 2018 |
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The historical determinants of modern economic development have been widely studied since the seminal work of Engerman and Sokoloff (1997, 2002) and Acemoglu et al. (2001, 2002). The literature is largely based on the former European colonies, especially in Africa. Notwithstanding China’s long and rich history, its long-term effect on modern day development, particularly financial development, remains under-researched. The shocks experienced by China provide important settings for future research in that many of them were sufficiently severe and traumatic for their effects to be detectable today and for them to have an effect on the development of the country even now.
- China, economic development, financial development, history, traumatic shocks
ID: 73457367