Monetary and Exchange System Reforms in China: An Experiment in Gradualism
Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
| Author: | Marc Mr. Quintyn, Bernard Mr. Laurens, Hassanali Mr. Mehran, Tom Mr. Nordman | ISBN: | 9781452766126 |
| Publisher: | INTERNATIONAL MONETARY FUND | Publication: | September 26, 1996 |
| Imprint: | INTERNATIONAL MONETARY FUND | Language: | English |
| Author: | Marc Mr. Quintyn, Bernard Mr. Laurens, Hassanali Mr. Mehran, Tom Mr. Nordman |
| ISBN: | 9781452766126 |
| Publisher: | INTERNATIONAL MONETARY FUND |
| Publication: | September 26, 1996 |
| Imprint: | INTERNATIONAL MONETARY FUND |
| Language: | English |
In 1978, China embarked on a gradual but far-reaching reform of its economic system. This paper focuses on the achievements so far in reforming the financial sector, the legal framework for financial transactions, the payments system, and the monetary policy and foreign exchange system. It also analyzes the tasks ahead to achieve the goals set in these areas for the year 2000.
In 1978, China embarked on a gradual but far-reaching reform of its economic system. This paper focuses on the achievements so far in reforming the financial sector, the legal framework for financial transactions, the payments system, and the monetary policy and foreign exchange system. It also analyzes the tasks ahead to achieve the goals set in these areas for the year 2000.
