Description:Market-based interest rate reform, one of the key areas of China's financial reforms, has consistently been the focus of academic research and policy studies, and has sparked numerous debates and analyses over the last few decades.This book presents a comprehensive review of the process and logic of China's interest rate reform. It is structured along three lines which are also the principles set by China's 12th Five-Year (2011-2015) Plan, namely loosening rate controls, establishing market-based interest rates, and building an effective adjustment mechanism. In response to "loosening rate controls," it analyzes the rationale, path and characteristics of China's interest rate reform by referring to international practices. In terms of the second line, it elucidates the "double-track" system and transmission of interest rates. As for the last line, it summarizes the necessity, environment and conditions of strengthening the central bank's adjustment mechanism. Also, while most relevant studies have examined the effects of interest rate liberalization on economic and financial development, this book researches the impacts of the latter on the former. Besides, the relations between market-based interest rate reform and the construction of related systems are covered.In addition to scholars and students in finance and economics, this book will appeal to policy makers with insights into the research and implementation of China's interest rate reform in the future.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Market-Based Interest Rate Reform in China. To get started finding Market-Based Interest Rate Reform in China, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Description: Market-based interest rate reform, one of the key areas of China's financial reforms, has consistently been the focus of academic research and policy studies, and has sparked numerous debates and analyses over the last few decades.This book presents a comprehensive review of the process and logic of China's interest rate reform. It is structured along three lines which are also the principles set by China's 12th Five-Year (2011-2015) Plan, namely loosening rate controls, establishing market-based interest rates, and building an effective adjustment mechanism. In response to "loosening rate controls," it analyzes the rationale, path and characteristics of China's interest rate reform by referring to international practices. In terms of the second line, it elucidates the "double-track" system and transmission of interest rates. As for the last line, it summarizes the necessity, environment and conditions of strengthening the central bank's adjustment mechanism. Also, while most relevant studies have examined the effects of interest rate liberalization on economic and financial development, this book researches the impacts of the latter on the former. Besides, the relations between market-based interest rate reform and the construction of related systems are covered.In addition to scholars and students in finance and economics, this book will appeal to policy makers with insights into the research and implementation of China's interest rate reform in the future.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Market-Based Interest Rate Reform in China. To get started finding Market-Based Interest Rate Reform in China, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.