Monetary Market Regulation in an Open Economy

Author: Jiang Boket et al.
Publisher:
Publish Date: 1999-06-01
Features: This book is the third volume of "Macroeconomic Financial Management in an Open Economy." The entire book provides a detailed analysis of the supporting reforms for the development of the money market and proposes a series of recommendations for China's financial deepening, such as interest rate liberalization, reserve requirement system reform, refinance policies, and the transformation of macro-control methods. It focuses on the transmission mechanisms of central bank regulation in the money market, the selection of macro-control objectives for the central bank, and the operations of the central bank in the money market.