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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Prasad, Eswar
Rannpháirtithe: Rumbaugh, Thomas, Wang, Qing
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2005.
Sraith:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2005/001
Rochtain ar líne:Full text available on IMF