Coverart for item
The Resource China's impossible trinity : the structural challenges to the "Chinese dream", Chi Lo

China's impossible trinity : the structural challenges to the "Chinese dream", Chi Lo

Label
China's impossible trinity : the structural challenges to the "Chinese dream"
Title
China's impossible trinity
Title remainder
the structural challenges to the "Chinese dream"
Statement of responsibility
Chi Lo
Creator
Subject
Language
eng
Summary
As China restarts its structural reform by opening up to the world, it inevitably embarks on a path towards the 'Impossible Trinity', which argues that a country can only have control of two of three macroeconomic policy variables. Capital account convertibility will eventually force Beijing to choose between policy autonomy over the exchange rate, or of the interest rate. This book analyses the daunting political and economic challenges that Beijing is currently facing. It debunks many of the myths surrounding China's reform process and risks, and explains the structural changes and cyclical forces within the Chinese system. It discusses important issues encountered during financial liberalization, such as structural change, outlook and incentive, the role of the state in policy evolution and systemic risk and incentive. The author analyses the political economy behind all these developments in order to highlight the policy choice that must ultimately be made in the new paradigm, between exchange rate and monetary policy autonomy.--
Assigning source
Provided by publisher
Cataloging source
DLC
http://library.link/vocab/creatorDate
1960-
http://library.link/vocab/creatorName
Lo, Chi
Illustrations
illustrations
Index
index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Finance
  • Monetary policy
  • China
Label
China's impossible trinity : the structural challenges to the "Chinese dream", Chi Lo
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages 196-199) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent.
Contents
Impossible trinity in China -- Opening a can of worms -- Betting on the role of the state -- Incentive problem standing in the way -- Power struggle or genuine reform -- From financial repression to liberalisation -- Monetary policy reform fraught with risks -- Systemic risk (I): shadow banks and local debt -- Systemic risk (II): property market bubble -- China's future monetary policy
Control code
FIEb1774121x
Dimensions
23 cm.
Extent
xviii, 202 pages
Isbn
9781137538789
Media category
unmediated
Media MARC source
rdamedia.
Media type code
  • n
Other physical details
illustrations
System control number
(OCoLC)907391081
Label
China's impossible trinity : the structural challenges to the "Chinese dream", Chi Lo
Publication
Bibliography note
Includes bibliographical references (pages 196-199) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent.
Contents
Impossible trinity in China -- Opening a can of worms -- Betting on the role of the state -- Incentive problem standing in the way -- Power struggle or genuine reform -- From financial repression to liberalisation -- Monetary policy reform fraught with risks -- Systemic risk (I): shadow banks and local debt -- Systemic risk (II): property market bubble -- China's future monetary policy
Control code
FIEb1774121x
Dimensions
23 cm.
Extent
xviii, 202 pages
Isbn
9781137538789
Media category
unmediated
Media MARC source
rdamedia.
Media type code
  • n
Other physical details
illustrations
System control number
(OCoLC)907391081

Library Locations

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