Changes in China's foreign exchange system

Author: Lü Jinzhong
Publisher:
Publish Date: 2006-07-01
Features: This book is divided into four parts, totaling fourteen chapters. The first part briefly introduces the theory of institutional economics and the economic environment of foreign exchange system changes. The second part, based on a clear definition of foreign exchange systems and their changes, first reviews the foreign exchange system changes since the founding of New China (1949–1993), and then divides the main research period of this book (1994–2004) into three stages for separate elaboration, presenting the reader with the entire process of foreign exchange system changes. The third part introduces the impact of foreign exchange system changes on China's financial, economic development, and security from five aspects, and finally summarizes the shortcomings in this transformation process. The fourth part, based on the previous discussions, the author proposes constructive suggestions for foreign exchange system reform, such as establishing a flexible exchange rate system, improving the foreign exchange decision-making and monitoring system... The content of this book includes: the environment of foreign exchange system changes, the process of foreign exchange system changes, the impact of foreign exchange system changes, and the prospects of foreign exchange system changes.