A framework for independent monetary policy in China / Marvin Goodfriend and Eswar Prasad.
As China's economy becomes more market based and continues its rapid integration into the global economy, having an independent and effective monetary policy regime oriented to domestic objectives will become increasingly important. Employing modern principles of monetary policy in light of the...
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Full Text (via ProQuest) |
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| Main Authors: | , |
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| Format: | eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund, African Dept.,
©2006.
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| Series: | IMF working paper ;
WP/06/111. |
| Subjects: |
Table of Contents:
- Contents
- I. INTRODUCTION AND OVERVIEW
- II. LOW INFLATION OBJECTIVE AS NOMINAL ANCHOR
- III. PRINCIPLES OF MONETARY POLICY GEARED TOWARD TARGETING INFLATION
- IV. INSTITUTIONAL SUPPORT FOR INDEPENDENT MONETARY POLICY
- V. MONETARY AND BANKING INSTITUTIONS IN CHINA
- VI. INDEPENDENT MONETARY POLICY FOR CHINA
- VII. CONCLUDING REMARKS
- REFERENCES.