Beggs Michael, Deer Luke Remaking Monetary Policy in China: Markets and Controls, 1998-2008 9789811397257

Варианты приобретения

Цена: 46570.00T
Кол-во:
Наличие: Поставка под заказ. Есть в наличии на складе поставщика.
Склад Америка: 226 шт.
При оформлении заказа до: 2025-07-28
Ориентировочная дата поставки: Август-начало Сентября
При условии наличия книги у поставщика.

Добавить в корзину

в Мои желания

Автор: Beggs Michael, Deer Luke
Название: Remaking Monetary Policy in China: Markets and Controls, 1998-2008
ISBN: 9789811397257
Издательство: Springer
Классификация:

ISBN-10: 9811397252
Обложка/Формат: Hardcover
Страницы: 125
Вес: 0.32 кг.
Дата издания: 29.08.2019
Язык: English
Издание: 1st ed. 2019
Иллюстрации: 6 illustrations, black and white; viii, 98 p. 6 illus.
Размер: 210 x 148 x 10
Читательская аудитория: Professional & vocational
Подзаголовок: Markets and controls, 1998-2008
Ссылка на Издательство: Link
Рейтинг:
Поставляется из: Германии
Описание: This book covers the recent history of Chinese monetary policy. While most current work focuses on This book traces and explains the evolution of Chinese monetary policy in the years before 2008. The turn towards interest rate deregulation and market-oriented policy in China in recent years is often seen as a break with former command-and-control policy norms, in favour of Western central banking norms. We argue that Chinese monetary policy already went through a transformation under the influence of ‘new consensus’ macroeconomics after 1998, but that this surprisingly led to increased reliance on direct banking controls in the 2000s. Therefore, many of the controls that look to many like a remnant of central planning are in fact an outcome of an earlier attempt to ‘rationalise’ monetary policy, in unusual Chinese conditions. Specifically, policy returned to direct controls because of an underdeveloped interbank money market, and a glut of bank liquidity associated with enormous foreign exchange inflows in the mid-2000s.
Дополнительное описание: 1. Introduction: the ‘new macroeconomic consensus’ arrives in China.- 2. A bank-dominated financial system.- 3. Targets: why money and credit?.- 4. Transmission: inside the banking black box.- 5. Instruments: the evolution of policy strategy.- 6. Conclusi

Remaking Monetary Policy in China: Markets and Controls, 1998-2008, Beggs Michael, Deer Luke