Showing 81 - 90 of 91
Market-oriented economic reforms in centrally planned economies have altered the functions and objectives of key policy instruments, particularly in the case of fiscal policy. As a result of reform, economic management requires the use of “indirect” levers to regulate the behavior of...
Persistent link: https://www.econbiz.de/10014396291
Household savings behavior in China during the past 30 years has been studied by using econometric models with the time …
Persistent link: https://www.econbiz.de/10014396466
This paper examines the relationship between macroeconomic stabilization and market-oriented reform in planned economies. It emphasizes that market-oriented reform should enhance the likelihood that adjustment to exogenous disturbances will involve genuine adjustment in the sense of actually...
Persistent link: https://www.econbiz.de/10014396471
The assessment report on the observance of China’s compliance with the Committee for Payment and Settlement System … executed at the China Foreign Exchange Trade Center. Domestic payments are handled through a diverse variety of payment systems …, mainly operated by the People's Bank of China, except for cards and some local clearinghouses. Real-time remittances, bills …
Persistent link: https://www.econbiz.de/10014396625
-International Organization of Securities Commissions recommendations for China’s Securities Settlement Systems and Central Counterparties is …
Persistent link: https://www.econbiz.de/10014396629
This paper discusses a detailed assessment report on the observance of China’s compliance with the International … semigovernment authorities. The China Securities Regulatory Commission has the ability to share public and nonpublic information with …
Persistent link: https://www.econbiz.de/10014396640
A detailed assessment report on the observance of China’s compliance of Basel Core Principles for effective banking … supervision is presented. Regulation and supervision of China’s banking system has made impressive progress in the past few years …, led by an activist, forward-looking regulator, the China Banking Regulatory Commission, with a clear safety and soundness …
Persistent link: https://www.econbiz.de/10014396644
of an emerging real estate bubble. We find that, for China as a whole, the current levels of house prices do not seem …€™ mass-market and luxury segments. Unlike advanced economies before 2007-8, prices have tended to correct frequently in China … China has, and will continue to have,a structural driver. …
Persistent link: https://www.econbiz.de/10008777035
Sharp increase in house prices in Hong Kong SAR in 2009-2010 has led to concerns of an emerging real estate bubble. According to our measure of price deviation from fundamentals, which should be taken as an early warning indicator of market exuberance, the current level of house prices in Hong...
Persistent link: https://www.econbiz.de/10008777036
This selected issues paper on Indonesia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on August 21, 2012. The views expressed...
Persistent link: https://www.econbiz.de/10011243208