Money, banking, and financial markets in China / Gang Yi
- Bib ID:
- 1930607
- Format:
- Book
- Author:
- Yi, Gang
- Description:
-
- Boulder : Westview Press, 1994
- xv, 311 p. : ill. ; 24 cm.
- ISBN:
- 0813384419 (alkaline paper)
- Summary:
-
This book offers the first comprehensive study of the money, banking, and financial markets in China since the establishment of the central bank system in 1984. The author analyzes the impact of the profound institutional changes of the 1980s and the early 1990s and highlights the fundamental transformation of the role of money - from a passive accounting tool in the centrally planned system to an active and intrinsically important factor in determining the growth and stability of the present economy.
The theoretical and empirical analyses of the book are based on the newly established financial system and the most recent data available. The transitive nature of the financial sector during economic reform is especially emphasized. The author's central arguments are supported by in-depth analyses of every important aspect of the financial sector, including the function of the central bank and its relationship with specialized banks and other financial institutions, money supply and demand, monetization, price reforms and inflation, nonbank financial institutions, and new developments in the financial security markets. Extensive use is made of case studies and illustrative examples. A complete set of data from all empirical studies is provided to allow readers to examine the models and confirm the econometric results.
- Full contents:
-
- 1. Introduction
- 2. The Money and Banking System Before the Reform
- 3. Reforming the Banking System
- 4. What Is Money?
- 5. The Money Supply Process
- 6. Monetary Policies
- 7. Interest Rates
- 8. The Velocity of Money
- 9. Evidence of the Monetization Process
- 10. Inflation Expectations and Price Instability
- 11. The Demand for Money
- 12. Price Reforms and Inflation
- 13. Models of Inflation in China
- 14. Money and Economic Activity
- 15. Nonbank Financial Institutions
- 16. The Stock and Bond Markets.
- Notes:
- Includes bibliographical references (p. 285-294) and indexes.
- Subject:
- Copyright:
-
In Copyright
You may copy under some circumstances, for example you may copy a portion for research or study. Order a copy through Copies Direct to the extent allowed under fair dealing. Contact us for further information about copying.
Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 1994
Copyright status may not be correct if data in the record is incomplete or inaccurate. Other access conditions may also apply. For more information please see: Copyright in library collections.
Request this item
Request this item to view in the Library’s reading room.
Feedback
Similar items
- China's 2020 Vision : [proceedings], Chatham House, London, 29-30 March 2004
- Zhongguo fen sheng gai kuang shou ce / Zhongguo ren min dui wai you hao xie hui bian
- An Historical and descriptive account of China [electronic resource] : its ancient and modern history, language, literature, religion, government, industry, manners, and social state; intercourse with Europe from the earliest ages; missions and embassies to the imperial court; British and foreign commerce; directions to navigators; state of mathematics and astronomy; survey of its geography, geology, botany, and zoology / by Hugh Murray, F.R.S.E.; John Crawfurd, esq.; Peter Gordon, esq.; Captain Thomas Lynn; William Wallace ... and Gilbert Burnett ... With a map, and thirty-six engravings by Jackson
- Regni Chinensis descriptio : Ex varijs auctoribus
- Gendai Chugoku ron