Monetary and Exchange System Reforms in China : An Experiment in Gradualism

Information about Asia and the Pacific Asia y el Pacífico
Monetary and Exchange System Reforms in China : An Experiment in Gradualism
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Series:
Occasional Papers
Author(s):
Marc Quintyn, Bernard Laurens, Hassanali Mehran, and Tom Nordman
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
September 1996
DOI:
http://dx.doi.org/10.5089/9781557755629.084
ISBN:
9781557755629
ISSN:
0251-6365
Page:
100
In 1978, China embarked on a gradual but far-reaching reform of its economic system. This paper focuses on the achievements so far in reforming the financial sector, the legal framework for financial transactions, the payments system, and the monetary policy and foreign exchange system. It also analyzes the tasks ahead to achieve the goals set in these areas for the year 2000.
Chapter

V Development of Money and Capital Markets

Author(s):
Marc Quintyn, Bernard Laurens, Hassanali Mehran, and Tom Nordman
Published Date:
September 1996
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