《The Rise of the People's Bank of China》是Harvard University Press出版的圖書，作者是Stephen Bell，Hui Feng
基本介紹
- 中文名：The Rise of the People's Bank of China
- 作者：Stephen Bell、Hui Feng
- 出版社：Harvard University Press
- 出版時間：2013年6月10日
- 頁數：384 頁
- 定價：58.00 美元
- 裝幀：Hardcover
- ISBN：9780674072497
內容簡介
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 play...(展開全部) 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--benefitting from political patronage and perceptions of its unique professional competency--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. Stephen Bell is Professor of Politics at the University of Queensland. Hui Feng is an Australian Research Council Research Fellow in Political Science at the University of Qu
