Currency Convertibility and Capital Controls (Volume 1) (Jiang Bokui)

Author: Jiang Boke
Publisher:
Publish Date: 1999-06-01
Features: This book is the volume of "Macroeconomic Financial Management in an Open Economy." The entire book elaborates on and analyzes the conditions for the free exchange of the RMB, the choice of exchange rate regimes after the free exchange of the RMB, the macroeconomic impacts of exchange rate fluctuations, the effects of interest rates on exchange rates and foreign exchange supply and demand after the free exchange of the RMB, the necessity of current capital controls, the theory, policies, and tools of capital controls, and finally analyzes the lessons learned from the capital account liberalization of countries such as Latin American nations and the Netherlands.