Press "Enter" to skip to content

Download Banking Reforms and Monetary Policy in the People’s Republic by Yong Guo (auth.) PDF

By Yong Guo (auth.)

Show description

Read or Download Banking Reforms and Monetary Policy in the People’s Republic of China: Is the Chinese Central Banking System Ready for Joining the WTO? PDF

Best money & monetary policy books

Euro Error

This severe learn of the euro, written by means of a revered French economist, may still make experience to each exchange union member. through the eurozone, progress is susceptible, unemployment excessive and emerging, and funding stagnant. but society wishes complete employment: with out it, we can't finish all its by-products, poverty, crime, corruption, undesirable well-being, illiteracy, loss of abilities.

Interest Groups And Monetary Integration: The Political Economy Of Exchange Regime Choice (Political Economy of Global Interdependence)

This publication analyzes financial integration and the alternative and cave in of alternate cost regimes from a good political economic climate viewpoint. Carsten Hefeker examines the impression of vital curiosity teams in a coherent framework, which demanding situations the conventional and normative concept of economic integration.

Money Stock Control and Inflation Targeting in Germany: A State Space Modelling Approach to the Bundesbank’s Operating Procedures and Intermediate Strategy

The e-book considers matters correct to the eu significant financial institution in refining and speaking its method. It deals a historic evaluate of the Bundesbank's technique of financial concentrating on performed from 1974 to 1998. not like numerous different sought after reviews it truly is argued that money performed a versatile yet vitally important function within the behavior of its coverage.

Financial Markets, Banking, and Monetary Policy

Compliment for monetary Markets, Banking, and fiscal coverage A lucid therapy that takes on board shadow-banking, Dodd-Frank, the 0 reduce sure, and ahead assistance. briefly, the entire key post-crisis concerns. Anil Kashyap, Edward Eagle Brown Professor of Economics and Finance, college of Chicago The monetary region is a crucial portion of the USA fiscal equipment.

Extra resources for Banking Reforms and Monetary Policy in the People’s Republic of China: Is the Chinese Central Banking System Ready for Joining the WTO?

Example text

6 billion Yuan RMB (Deng, 2001). According to Deng (2001), the shareholding commercial banks in China have bank capital of 8 per cent. This number is low in terms of risk management, compared with the international banking capital requirement. 74 per cent capital reserves only for preparing the risks such as default loans. Another potential problem in the shareholding commercial banks in China is the increasing level of `bad' loans. 01 per cent in the 99 local city shareholding commercial banks in 2001.

Its business is now supervised by the PBC. The commercial banking side of the PBC was transferred to the Industrial and Commercial Bank of China (ICBC) that opened in January 1984 to handle the business of urban savings deposits, loans for working capital and medium-term credits for equipment purchases of enterprises, which was one of the functions of the PBC before. Since its establishment, the ICBC had been the largest bank in China both in terms of its assets, which accounted for about 31 per cent of the combined banking assets in 1992, and in terms of its domestic business operations, which accounted for 47 per cent of the total business operations of the so-called specialized banks (a term used by Chinese government to include all commercial banks owned by the Chinese government and other private and shareholding commercial banks) excluding the BOC (World Bank, 1993).

There were more than 70 financial corporations in China by 1999. Major characteristics of financial corporations One of the characteristics of financial corporations is dual representation. Compared with banks, financial corporations belong directly to the parent companies, most of which are manufacturing enterprises. On the other hand, the financial corporations themselves are financial firms. They cover almost all the financial business except insurance, accepting private deposits and making private loans.

Download PDF sample

Rated 4.48 of 5 – based on 11 votes