Research Initiatives
Initiative on Capital Markets, Institutions and Governance in China

 Last Updated on 07/18/03

The Yale SOM initiative on capital markets, institutions and governance in China is a program to study the history and current issues of market development, and to disseminate ideas for further economic and institutional reforms, in China.  Zhiwu Chen and William Goetzmann started this initiative and will continue to lead this effort.

Background

Yale’s intellectual engagement with China’s financial development dates back to the 19th Century, when Yung Wing, famous Chinese economic reformer and 1854 graduate of Yale College, proposed the joint-stock financing of a domestic Chinese steamship transportation company to the governor of Jiangsu province in 1867. His vision became the basis for China’s first domestically-owned modern corporation, The China Merchant’s Steamship Navigation Company, and the beginnings of a stock market in China.  Click Here for more background information.

 Academic Research Papers | More
Publications in Chinese by Zhiwu Chen (Chinese support required*) | Complete List
 Economics and Finance | More
 On Market Regulations | More
 Press Freedom and Market Development | More
 Law and Finance | More

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Background
Research Agenda
Academic Research Papers
Publications in Chinese
Economics and Finance
On Market Regulations
Press Freedom
Law and Finance



Shanghai Stock Market Picture Gallery


A diagram for the historical price of Shanghai Stock Exchange from 1873 to 1940
A complete list of Zhiwu Chen's articles in Chinese, updated by 07/17/03
"Recent Chinese Legislation, " translated by E.T. Williams, Shanghai Mercury
"Understanding the economic growth path of China," Zhiwu Chen, Cai Jing, July 2003
"The Most Influential Events to China's Economy in the past 130 years," compiled by Edward D. Liu
"Freedom of Information and the Economic Future of Hong Kong,"  a speech given by Zhiwu Chen at Hong Kong University
 
 
 
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