Sale!
25% Off

China’s Exchange Rate System Reform: Lessons for Macroeconomic Policy Management

Original price was: ₹10266.00.Current price is: ₹7700.00.

2 in stock


AuthorYip Paul Sau-Leung
ISBN9789814289108
Published LanguageEnglish
Publication Year2011
PublisherWorld Scientific
BindingHardback
Original Price$118
Pages440
Ships By2-3 days
SKU: WS-2116 Categories: ,

Description

The author of this book is the original proponent of China?s exchange rate system reform announced in 2005. This book discusses: The transitional, medium-term and long-term designs of the reform
China?s achievements and mistakes on the reform
China?s banking reform and its lessons to other emerging economies
Maintaining a certain trade surplus as a dynamically optimal choice for China
China?s stock market bubble and the gradual bubble squeezing strategy
China?s property inflation and its solution
China?s fiscal and monetary policies during and after the global financial tsunami
Risk of global asset inflation, CPI inflation and cycle of exchange rate after the financial tsunami
Likelihood of an asset bubble and then a crisis in economies outside the US during the overheated phase of the recovery


Through these discussions, the author hopes to share his knowledge on macroeconomic policy management accumulated over the past thirty five years. In particular, he would like to share his insights on macroeconomic policy management before, during and after an asset inflation era or a crisis period. He would also like to warn policy makers and financial investors on the likelihood of an asset bubble and then a crisis in economies outside the US. The author hopes this book could eventually stimulate the emergence of ?macroeconomic policy management? as a new and important discipline in economics.

While the focus of the book is on macroeconomic policy management, it also offers important lessons and strategies on share and property investments. Thus, economists, policy makers, central bank officials, economics students, business and finance professionals, individual investors and academia in other disciplines will find the book useful.

About the author
Ntu, S'Pore

Additional information

Weight0.76 kg
Dimensions22.9 × 15.2 cm
Author

ISBN

Publisher

Pages

440

Ships By

2-3 days