ENGLISH

Reforms in China’s monetary policy : a frontbencher’s perspective

By Guofeng , Sun

Book information

Publisher
Palgrave Macmillan
Year
2015
ISBN
9781137504487, 113750448X
DOI
10.1057/9781137504487
Language
english
Format
PDF
Filesize
2 MB (1607017 bytes)
Pages
254\267
Time added
2017-05-30 18:36:10
Monetary policy -- China;Money -- China;Foreign ex

Description

China's financial reforms have undergone a large-scale transformation over the past several years. This book aims to outline the structure and current features of China's monetary policy, drawing upon the author's years of experience working within the People's Bank of China and insider's view of the decision-making process. Sun Guofeng presents a unique perspective on a number of facets of China's monetary policy and theory, including credit money theory, the design of Chinese monetary policy framework and evolutionary path under the structural liquidity deficit, and the RMB exchange rate regime and China's international balance. This book presents China as a country at a crossroads, forced to choose between the free flow of capital and monetary policy independence.  Read more...

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