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| Author: | Wang, Tong |
| Title: | China's basic currency and its credit multiplier (original in Chinese) |
| Journal: | Forecasting (c)
1993 : 5, p.4-7 |
| Index terms: | CURRENCY CREDIT MONEY MONETARY CONTROL FORECASTING CHINA |
| Language: | chi |
| Abstract: | The positive analysis in this paper draws the conclusion: although basic currency increases rapidly, the function of currency-creating is obvious. After the deepening of the reform of the financial system, China's currency multiplier is expanding. It possibly further controls cash issuance. Meanwhile, various needs for currency of the society will be satisfied. |
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