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This paper examines the monetary policy rule in practice for China during the period from 1998Q1 to 2014Q2 by applying the Taylor rule and by estimating policy reaction functions. The analysis would be significant since during that period the monetary-policy instruments and targets have been...
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This paper describes the Australian experience of domestic financial deregulation, capital account liberalisation and the float of the exchange rate, and provides a comparison to China's current efforts to reform its own financial system. In doing so, it considers similarities and differences in...
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function and impact of cash in Asian countries. It explores the impact of cash on society, the role of cash in monetary policy …, and the future of cash in various monetary systems, contrasting case studies from China, Japan, Korea, and Singapore with … experiences from Europe. Recently the role of cash in the economy has become a much-discussed topic in Europe, but the issue is …
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