Putting the Cart Before the Horse? : Capital Account Liberalization and Exchange Rate Flexibility in China /
This paper reviews the issues involved in moving towards greater exchange rate flexibility and capital account liberalization in China. A more flexible exchange rate regime would allow China to operate a more independent monetary policy, providing a useful buffer against domestic and external shocks...
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| Other Authors: | , |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2005.
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| Series: | IMF Policy Discussion Papers; Policy Discussion Paper ;
No. 2005/001 |
| Online Access: | Full text available on IMF |