CHUNG, CONNIE WEE-WEE; TONGZON, JOSE L. - In: Journal of Post Keynesian Economics 27 (2004) 1, pp. 87-104
This paper recognizes the challenges faced by the People's Bank of China in its central banking endeavor. The fundamental problem lies with the entrenchment of party politics within the government, which compromises its operations. We conclude that it needs to make a paradigm shift from its...