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The Role of Central Banking in China's Economic Reforms (Cornell East Asia, No. 59) (Cornell East Asia Series) (Cornell East Asia Series)
Carsten Holz
Paperback. East Asia Program Cornell University 1993-02-01.
ISBN 9780939657599
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Förlagets beskrivning
Central banking--the core of the banking system--and implementation of monetary policy proved a very structured and direct approach to understanding how an economy "with Chinese characteristics" functions. Proceeding from central banking and monetary policy illuminates the key mechanisms upon which the economic system hinges. Clear relationships between economic variables can then be established, showing how the overheating of the Chinese economy in the late 1980s came about, what the effects of the clamp-down where, and why a renewed turnabout its taking place in 1991/1992
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The Role of Central Banking in China's Economic Reforms
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