1st Edition

Money, Banking, And Financial Markets In China

By Gang Yi Copyright 1995
    328 Pages
    by Routledge

    328 Pages
    by Routledge

    This book reviews how the current banking system in China has emerged from the all-inclusive monobank system in the past. It discusses the money supply mechanism, evaluates monetary policies, analyzes the monetization process, and provides a summary of the development of financial markets.

    1. Introduction Part One: Financial System in China: An Overview 2. The Money and Banking System Before the Reform 3. Reforming the Banking System Part Two: The Money Supply Process 4. What Is Money? 5. The Money Supply Process 6. Monetary Policies 7. Interest Rates Part Three: The Demand for Money 8. The Velocity of Money 9. Evidence of the Monetization Process 10. Inflation Expectations and Price Instability 11. The Demand for Money Part Four: Money and Inflation 12. Price Reforms and Inflation 13. Models of Inflation in China 14. Money and Economic Activity Part Five: Financial Markets in China 15. Nonbank Financial Institutions 16. The Stock and Bond Markets

    Biography

    Yi, Gang