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This paper analyzes monetary policy in transition. It examines the dynamics of monetary policy in Mongolia using … in a transition economy as rudimentary as Mongolia, a stable money demand and a predictable relationship between …
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The Chinese economy has undergone three major phases: the 1978-97 period marked as the SOE-led economy, the 1998-2015 phase as the investment-driven economy, and the new normal economy since 2016. All three economies have been shaped by the government financial policies, defined as a set of...
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