Description of Banking Reforms and Monetary Policy in the Peoples Republic of China
From 1993 to 1995 the People's Republic of China undertook a series of reforms designed to modernize their banking and financial systems, the process of financial intermediation and to implement a sound and credible monetary policy in China. They based these reforms on the federal reserve system in the USA. This book analyses these reforms and assesses the effectiveness of the monetary policy that was put in place and shows whether it can withstand China's accession to the World Trade Organization.
Contents of Banking Reforms and Monetary Policy in the Peoples Republic of China
Introduction
The Banking System in the People's Republic of China
Modernizing the Banking System: The 1984 Reforms
Monetary Policy in China
The 1995 Banking Reforms
The Effects of the 19931995 Reforms
Empirical Study of Chinese Monetary Policy in the Post reform era
Summary and Conclusions
About Yong Guo
YONG GUO is a graduate student of the Leonard Stern School of Business.
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