Market-Based Interest Rate Reform in China: 1st Edition (Hardback) book cover

Market-Based Interest Rate Reform in China

1st Edition

By China Finance 40 Forum Research Group


202 pages | 44 B/W Illus.

Purchasing Options:$ = USD
Hardback: 9781138603073
pub: 2018-11-27
eBook (VitalSource) : 9780429469183
pub: 2018-12-07
from $27.48

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The market-based interest rate reform remains a core part of China’s financial reforms, and an important topic of both theoretical and policy studies. This book presents a comprehensive analysis of the process and logic of China’s interest rate reform from a historical perspective. It is structured along three lines, i.e. loosening interest rate controls, establishing market-based interest rates, and building an effective interest rate adjustment mechanism, and systematically reviews the characteristics and evolvement of the reform process. The book further explores the lessons and challenges of the reform by examining China’s development stage and auxiliary reforms needed, and offers policy recommendations on how to further push forward the reform.

Table of Contents

Preface Chapter 1 Interest Rate Deregulation: China’s Path Chapter 2 Characteristics of China’s Interest Rate System Chapter 3 Central Bank Interest Rate Adjustment over the Course of Market-based Interest-rate Reform Chapter 4 Interest Rate Liberalization and Economic and Financial Development Chapter 5 Market-based interest rate reform and the construction of related systems Chapter 6 Overall Evaluation and Policy Recommendation on China’s Interest Rate Reform References Index

About the Author

China Finance 40 Forum (CF40) is a leading independent think tank dedicated to policy research in the fields of macroeconomics and finance. In addition, it is a platform with over 300 members from governmental agencies, financial institutions, and academia. The core membership consists of about 40 influential experts around the age of 40.

CF40 Research Group members: Lu Lei, Liu Xiangyun, Niu Muhong, Li Hongjin, Mo Wangui, Zhang Huaiqing, Ma Zhiyang, Chen Jun, Yao Jingchao, Wang Jinhui, Guo Qi, Zhang Zhaoyan

Main translators: Tao Mengying, Xie Yuelan, Qu Qiang, Hu Bing, Gao Zheng, Sam Overholt, Niu Muyao

About the Series

China Perspectives

The China Perspectives series focuses on translating and publishing works by leading Chinese scholars, writing about both global topics and China-related themes. It covers Humanities & Social Sciences, Education, Media and Psychology, as well as many interdisciplinary themes.

This is the first time that any of these books have been translated into English for international readers. The series aims to put forward a Chinese perspective, give insights into cutting-edge academic thinking in China, and inspire researchers globally.


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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Foreign Exchange
BUSINESS & ECONOMICS / Economics / Macroeconomics