China's road to greater financial stability : some policy perspectives / / editors, Udaibir S. Das, Jonathan Fiechter, and Tao Sun

• Pubblicazione: [Washington, D.C.] : , : International Monetary Fund, , [2013]; ©2013
• Descrizione fisica: 1 online resource (245 p.)
• Soggetto topico: Banks and banking - China - 21st century; Economic development - China - 21st century; Economic stabilization - China - 21st century; Finance - China - 21st century; Macroeconomics
• Soggetto geografico: China Economic policy 2000-
• Soggetto genere / forma: Electronic books.
• Altri autori: DasUdaibir S FiechterJonathan SunTao <1970->
• Note generali: Description based upon print version of record.
• Nota di contenuto: Cover; Contents; Acknowledgments; Foreword; Introduction; Overview: China's Road to Greater Financial Stability; PART I: REFORMING THE FINANCIAL SYSTEM AND ENSURING FINANCIAL STABILITY; 1 Reform and Development of China's Financial Sector; Figures; Figure 1.1 Total Assets of Large Commercial Banks; Figure 1.2 Nonperforming Loan Ratios of Large Commercial Banks; Figure 1.3 Total Assets of Rural Credit Cooperatives; Figure 1.4 Owners' Equity of Rural Credit Cooperatives; Figure 1.5 Capital Adequacy Ratio of Rural Credit Cooperatives ; Figure 1.6 Nonperforming Loan Ratios of Rural Credit Cooperatives Figure 1.7 Total Assets in the Financial Sector; Figure 1.8 Outstanding Bond Balances and Their Ratios to GDP; Figure 1.9 Bond Issuance; Figure 1.10 U.S. Dollar to Renminbi Exchange Rate; Figure 1.11 Daily Fluctuation Range of the Renminbi to U.S. Dollar Exchange Rate; 2 Financial Reform: An Essential Ingredient in Transforming China's Economic Development Model; Figure 2.1 Saving Decomposition; Figure 2.2 Sterilization by the People's Bank of China; Figure 2.3 House hold Consumption ; Figure 2.4 Average Employment Growth, 2004-10 Figure 2.5 Imputed "Subsidy" to Capital; Figure 2.6 Social Financing; Figure 2.7 Private Credit; Figure 2.8 Real Interest Rates; Figure 2.9 Distribution of the Returns to Bank-Intermediated Capital; Figure 2.10 Real Cost of Capital, 2005-09; Figure 2.11 Exchange Rate and Foreign Reserves; Figure 2.12 Short-Term Interest Rates; Figure 2.13 Inflation and the Deposit Rate; 3 Strengthening the Financial Stability Framework in China; PART II: MACROECONOMIC FACTORS AFFECTING FINANCIAL STABILITY ; 4 China's Sovereign Balance Sheet Risks and Implications for Financial Stability Figure 4.1 Size and Composition of China's Sovereign Assets; TABLES; TABLE 4.1 Sovereign Balance Sheet of China, 2010; Figure 4.2 Size and Composition of China's Sovereign Liabilities; Figure 4.3 China's Sovereign Assets, Liabilities, and Net Worth; Figure 4.4 China: Bonds and Loans; Figure 4.5 China: Debt Level by Sector; TABLE 4.2 International Comparison of China's Debt Structure and Overall Leverage Ratio; 5 Systemic Liquidity, Monetary Operations, and Financial Stability in China ; TABLE 5.1.1 Stylized People's Bank of China Balance Sheet Boxes; Box 5.1 What Is Liquidity?; Figure 5.1 China: Benchmark Deposit Rate Structure; Figure 5.2 China: Benchmark Lending Rate Structure; Figure 5.3 China: Structural Liquidity and Foreign Reserves; Figure 5.4 Structural Liquidity and the People's Bank of China Sterilization Policy; Figure 5.5 Composition of Policy Sterilization; Figure 5.6 China: Interest Rate Structure; Figure 5.7 China: Interbank Funding; Figure 5.8 China: Estimated Excess Reserve Ratios; TABLE 5.1 China: Aggregated Bank Balance Sheet; Figure 5.9 China: Bank Reserves ; Figure 5.10 China: Responses to an Increase in the Total Excess Reserves Ratio
• Sommario/riassunto: China has reached a stage where further financial sector reforms appear essential. As the reform process progresses and macrofinancial linkages deepen, the preservation of financial stability will become a major policy preoccupation. China is already working toward enhancing its surveillance and monitoring capabilities and is actively determining ways to undertake a series of reforms that would lay the foundation for a strong, sustained, and balanced growth. ""China's Road to Economic Stability"" focuses on the key financial policy issues facing China today. The volume draws upon contributions
• Titolo autorizzato: China's road to greater financial stability
• ISBN: 1-4755-2373-4; 1-4843-1534-0; 1-4755-3321-7
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910453756203321
• Lo trovi qui: Univ. Federico II