Selection of China's open market operation tools

Author: Zhang Xin
Publisher:
Publish Date: 2005-12-01
Features: Based on the analysis of the principles of open market operations, this book examines the methods of open market operations, their impact on interest rates and exchange rates; it studies the differences in objectives and transmission mechanisms of open market operations between China and the United States, as well as the transparency issues in China's open market operations; it reveals the main challenges China faces in terms of open market operation tools.