China’s monetary policy since 1948
Journal of Economics Library
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Title |
China’s monetary policy since 1948
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Creator |
GUO, Joanne; Assistant Professor of Economics and Finance Ernest C. Trefz School of Business | University of Bridgeport 202 Mandeville Hall | 230 Park Avenue | Bridgeport, CT 06604 203.576.4805 jguo@bridgeport.edu |
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Subject |
Community tourism; Households; Island; Logistic regression; Income; Traditional trades.
I13; I20; I30. |
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Description |
Abstract. China’s monetary policy has evolved from obscurity into spotlight due to its torrid economic expansion in recent times, as well as its exchange rate regime that has been under constant scrutiny of its trading partners. While China’s economy is centrally-planned, it is veering more towards a market-based system with goals of stability and growth. With this in mind, this paper is an introspection of China’s monetary policy since the establishment of the People’s Bank of China (PBC) to the present. Additionally, this paper surveys empirical literature on the effectiveness of policy tools undertaken by the PBC. Recommendations are made to Chinese monetary authority on how to navigate the turbulent waves of economic fluctuations with a managed exchange rate, within its borders and beyond.Keywords. Community tourism, Households, Island, Logistic regression, Income, Traditional trades.JEL. I13, I20, I30.
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Publisher |
Journal of Economics Library
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Contributor |
—
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Date |
2018-10-26
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.kspjournals.org/index.php/JEL/article/view/1760
10.1453/jel.v5i3.1760 |
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Source |
Journal of Economics Library; Vol 5, No 3 (2018): September; 265-274
2149-2379 |
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Language |
eng
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Relation |
http://www.kspjournals.org/index.php/JEL/article/view/1760/1758
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Rights |
Copyright (c) 2018 Journal of Economics Library
http://creativecommons.org/licenses/by-nc/4.0 |
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