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Author: | Jia, Chunxin |
Title: | Theory of monetary policy and an analysis of the monetary readjustment and control in recent years (original in Chinese) |
Journal: | Contention
1994 : 2, p.31-37 |
Index terms: | MONETARY POLICY MONETARY THEORY MONETARY CONTROL CHINA |
Language: | chi |
Abstract: | It is necessary to strengthen the independency of the central bank before the establishment of market economic system . The central government's control over the central bank should not be completely eliminated. Generally speaking, the policy makers of the central bank perhaps are not wiser than the government's to make more correct policy of money supply. so the independency of the central bank can only be enhanced step by step. |
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