Series: IMF Working Papers
Author(s): Marvin Goodfriend , and Eswar Prasad
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2006
Keywords: Central bank role, Central bank policy, China, Monetary policy, Bank reforms, Exchange rate flexibility, Financial systems, Flexible exchange rates, Money supply, Inflation targeting
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 incre...