عنوان

The rise of the People's Bank of China :

(Number (ISBN

0674073592

(Number (ISBN

9780674073593

Erroneous ISBN

0674072499

Erroneous ISBN

9780674072497

Title Proper

The rise of the People's Bank of China :

General Material Designation

[Book]

Other Title Information

the politics of institutional change /

First Statement of Responsibility

Stephen Bell, Hui Feng.

Place of Publication, Distribution, etc.

Cambridge, Massachusetts :

Name of Publisher, Distributor, etc.

Harvard University Press,

Date of Publication, Distribution, etc.

2013.

Specific Material Designation and Extent of Item

1 online resource (viii, 376 pages) :

Other Physical Details

illustrations

Text of Note

Includes bibliographical references (pages 313-359) and index.

Text of Note

Abbreviations used in text -- Aims and theoretical context -- Introduction -- Explaining institutional change : an agents in contexts approach -- The institutional rise of the PBC -- The people's bank in the shadow of the plan, 1978-1992 -- Monetary policy in the shadow of the plan, 1978-1992 -- The second reform era and the rise of the PBC -- The growth of mutual dependency between the PBC and the party leadership -- Formal institutional change and the rise of the pbc in the second reform era, 1992-2011 -- The rise of the PBC and the politics of money and financial developments in China -- In search of a new monetary policy framework -- Monetary policy in the second reform era, 1992-2011 -- The PBC and China's foreign exchange rate policy -- The PBC and financial reforms in China since 2003 -- Conclusion -- Notes -- References -- Acknowledgments -- Index.

Text of Note

Part one. Aims and theoretical context. Introduction ; Explaining institutional change : an agents in contexts approach -- Part two. The institutional rise of the PBC. The people's bank in the shadow of the plan, 1978-1992 ; Monetary policy in the shadow of the plan, 1978-1992 ; The second reform era and the rise of the PBC ; The growth of mutual dependency between the PBC and the party leadership ; Formal institutional change and the rise of the PBC in the second reform era, 1992-2011 -- Part three. The PBC and the politics of money and financial developments in China. In search of a new monetary policy framework ; Monetary policy in the second reform era, 1992-2011 ; The PBC and China's foreign exchange rate policy ; The PBC and financial reforms in China since 2003 ; Conclusion.

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Text of Note

"With $4.5 trillion in total assets, the People's Bank of China now surpasses the U.S. Federal Reserve as the world's biggest central bank. The Rise of the People's Bank of China investigates how this increasingly authoritative institution grew from a Leninist party-state that once jealously guarded control of banking and macroeconomic policy. Relying on interviews with key players this book is the first comprehensive and up-to-date account of the evolution of the central banking and monetary policy system in reform China. Stephen Bell and Hui Feng trace the bank's ascent to Beijing's policy circle, and explore the political and institutional dynamics behind its rise. In the early 1990s, the PBC - benefiting from political patronage and perceptions of its unique professional competency 0 found itself positioned to help steer the Chinese economy toward a more liberal, market-oriented system. Over the following decades, the PBC has assumed a prominent role in policy deliberations and financial reforms, such as fighting inflation, relaxing China's exchange rate regime, managing reserves, reforming banking, and internationalizing the renminbi. Today, the People's Bank of China confronts significant challenges in controlling inflation on the back of runaway growth, but it has established a strong track record in setting policy for both domestic reform and integration into the global economy."--Jacket.

Source for Acquisition/Subscription Address

JSTOR

Stock Number

22573/ctt2x7pgg

Title

Rise of the People's Bank of China.

International Standard Book Number

9780674072497

Banks and banking-- China.

Monetary policy-- China.

Banks and banking.

BUSINESS & ECONOMICS-- Banks & Banking.

Monetary policy.

POLITICAL SCIENCE-- Political Economy.

Politics and government.

China, Politics and government, 1976-2002.

China, Politics and government, 2002-

China.

0

0

7

BUS-- 004000

BUS004000

BUS045000

HIS008000

POL023000

Number

Edition

Class number

Book number

Class number

Class number

System Code

System Code

Bell, Stephen,1954-

Feng, Hui.

Date of Transaction

20200822121609.0

Cataloguing Rules (Descriptive Conventions))

pn

Electronic name

[Book]

Y