UID:
almahu_9947414706502882
Umfang:
1 online resource (x, 260 pages) :
,
digital, PDF file(s).
ISBN:
9780511753916 (ebook)
Inhalt:
Despite the People's Republic of China's remarkable growth over the post-1978 reform period, questions have arisen about the sustainability of its exchange rate policy and the soundness of its financial system. This book focuses on the key monetary challenges to China's continued advancement and addresses such topical issues as the build-up of foreign exchange reserves, monetary control, credit allocation difficulties, and the expanding role of China's asset markets and stock exchanges. Current and past monetary policy strategies are examined in detail as are the banking sector reforms leading up to full foreign competition in December 2006. The analysis also assesses the People's Republic's role within Greater China (including Hong Kong and Taiwan) and the potential for future renminbi monetary hegemony within Asia. The treatment of these issues is intended to be accessible to non-economists and does not assume prior immersion in the underlying formal models.
Anmerkung:
Title from publisher's bibliographic system (viewed on 05 Oct 2015).
,
Introduction : China today and lessons from the past -- The Renminbi-US dollar exchange rate controversy -- China's reserve buildup and global imbalances -- Combatting inflation and deflation -- People's Bank of China policymaking and external pressures / Pierre L. Siklos -- US pressure on China and Hong Kong in the 1930s -- Inflation transmission to Taiwan in the 1940s / Hsin-hui I. H. Whited -- WTO challenges and China's banking sector today / Emily Kochanowicz -- Asset market expansion and Shanghai vs. Hong Kong listings of Chinese firms / Gregory C. Arquette and William O. Brown, Jr. -- Economic interdependence with Taiwan / Hsin-hui I. H. Whited -- Conclusions and future prospects for the Renminbi.
Weitere Ausg.:
Print version: ISBN 9780521880169
Sprache:
Englisch
Fachgebiete:
Geschichte
,
Wirtschaftswissenschaften
URL:
https://doi.org/10.1017/CBO9780511753916
URL:
Volltext
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URL:
Volltext
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