Monetary and Exchange System Reforms in China An Experiment in Gradualism |
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| Author:
| Quintyn, Marc
Laurens, Bernard
Mehran, Hassanali
Nordman, Tom |
| Series title: | Occasional Papers |
| ISBN: | 978-1-4623-5524-2 |
| Publication Date: | Sep 1996 |
| Publisher: | International Monetary Fund
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| Book Format: | Ebook |
| List Price: | USD $7.50 |
Book Description:
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In 1978, China embarked on a gradual but far-reaching reform of its economic system. This paper focuses on the achievements so far in reforming the financial sector, the legal framework for financial transactions, the payments system, and the monetary policy and foreign exchange system. It also analyzes the tasks ahead to achieve the goals set in these areas for the year 2000.
In 1978, China embarked on a gradual but far-reaching reform of its economic system. This paper focuses on the achievements so far in reforming the financial sector, the legal framework for financial transactions, the payments system, and the monetary policy and foreign exchange system. It also analyzes the tasks ahead to achieve the goals set in these areas for the year 2000.