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...

Полное описание

Библиографические подробности
Главный автор: Prasad, Eswar
Другие авторы: Rumbaugh, Thomas, Wang, Qing
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2005.
Серии:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2005/001
Online-ссылка:Full text available on IMF