China's Business Cycle and Monetary Policy

<p>Economic reform that began in 1978 became a landmark in the evolution of the Chinese economy. The Chinese economy then gradually transferred from a planned economy to a market-oriented economy. I mainly focus on China's business cycles and monetary policy after 1978 in this paper.</p> <p>I use GDP growth to measure the Chinese business cycle. Instead of the level of GDP, the business cycles in the thesis I am talking about are ups and downs in the rate of growth.</p> <p>In Chapter Two, I illustrated all five business cycles which have occurred over the past 30 years. I also introduced some of China's financial background in Chapter Three, including institutional condition, banking system, economic reform and existing problems. This background introduction gives a clearer picture of China's financial situation and implementation of monetary policy. In Chapter Four, I analyzed some aspects of China's monetary policy such as the credit plan, interest rate, and exchange rate. Chapter Five discussed China's inflation situation and some relevant monetary policy decisions</p>

Name thesis:degree_name

M.A.

Level thesis:degree_level

Masters Thesis

Year dc:date.available

2013

Author dc:creator

• Zhang, Hailun

Contributors dc:contributor

• Tracy Mott, Ph.D.
• Rober
• Robert Urquhart
• Chiara Piovani
• Martin Rhodes

• Chinese business
• China Open Door Policy
• Chinese policy
• Business
• International Business

Statement dc:rights

• <p>Copyright is held by the author. User is responsible for all copyright compliance.</p>

Language dc:language

en

Repository record dc:identifier

https://digitalcommons.du.edu/etd/732

OAI identifier oai:identifier

oai:digitalcommons.du.edu:etd-1731