China's Impossible Trinity

The Structural Challenges to the "Chinese Dream"

Ingenaaid Engels 2015 9781137538789
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Samenvatting

This book highlights the difficult policy choice that must ultimately be made during China's structural reform according to the theory of the Impossible Trinity, between exchange rate and monetary policy autonomy.

Specificaties

ISBN13:9781137538789
Taal:Engels
Bindwijze:ingenaaid
Aantal pagina's:202
Verschijningsdatum:22-7-2015

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Inhoudsopgave

1. Impossible Trinity in China
2. Opening a Can of Worms
3. Betting on the Role of the State
4. Incentive Problem Standing in the Way
5. Power Struggle or Genuine Reform
6. From Financial Repression to Liberalisation
7. Monetary Policy Reform Fraught with Risks
8. Systemic Risk (I): Shadow Banks and Local Debt
9. Systemic Risk (II): Property Market Bubble
10 . China ' 's Future Monetary Policy

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        China's Impossible Trinity