V Development of Money and Capital Markets
Author: Mr. Marc G Quintyn, Mr. Bernard J Laurens, Mr. Hassanali Mehran, and Mr. Tom Nordman1
  • 1 0000000404811396https://isni.org/isni/0000000404811396International Monetary Fund
Language:
English
Keywords:
OP; People's Bank of China; monetary policy; PBC branch; government; market; government securities market; bond issue; securities trading; enterprise share; conversion bond; Securities; Bonds; Treasury bills and bonds; Securities markets

Abstract

While money market development has remained slow in the first decade and a half of reforms, capital market development has become one of the most salient parts of financial development in China. The approach applied to several other sectors of the economy—small-scale experimentation, gradual relaxation of controls, and decentralization of responsibility—has also been used in this area.

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Cover Monetary and Exchange System Reforms in China
Monetary and Exchange System Reforms in China
An Experiment in Gradualism
Author: Mr. Marc G Quintyn, Mr. Bernard J Laurens, Mr. Hassanali Mehran, and Mr. Tom Nordman
ISBN:
9781557755629
ISSN:
0251-6365
Publication Date:
26 Sep 1996
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557755629.084
Pages:
100

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