China's Opening-up: The Impact on Monetary Policy Choice
The Impact on Monetary Policy Choice| By: | Zhi Yong Fan |
| Publisher: | Independent Publishers Group (Chicago Review Press) |
| Print ISBN: | 9789814298186 |
| eText ISBN: | 9789814298193 |
| Edition: | 0 |
| Copyright: | 2012 |
| Format: | Page Fidelity |
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A comprehensive study backed by theoretical and empirical research, this account analyzes the characteristics of China’s monetary policy since 1978, when the nation opened its doors to private enterprise and the world. Applying different economic and financial models to the data, this record discusses the impact of the monetary transmission mechanism by the private sector; the identification of cost-push inflation and related monetary policy choices; and the challenges and responses of China’s monetary policy under the open door policy.